Thursday, February 18, 2016

The Sensex Outlook for the Day - 18-02-2016

Continue to build longs, keeping a trailing stop loss at 23094. The near term trend is slowing turning positive. The chances of a one last fall to 22500/22600 remain, but considerably reduced.

Date
18-Feb-16
S2
23,094
S1
23,246
Sensex Previous Close
                                    23,381.87
R1
23,435
R2
23,583
Sensex Fair Value
27,846


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