Wednesday, March 2, 2016

The Sensex Outlook for the Day - 02-03-2016

The rally is just starting, but as always, let’s take it with a pinch of salt.
Continue to build longs & buy on dips, keeping a stop-loss at  23133 for trading positions and at 22883 for investment positions.
The near term target for the Sensex is 24310.

Date
02-Mar-16
S2
23,464
S1
23,578
Sensex Previous Close
                                    23,779.35
R1
23,821
R2
24,118
Sensex Fair Value
27,637


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