Wednesday, March 16, 2016

The Sensex Outlook for the Day - 16-03-2016

Yesterday the Sensex was poised at resistances, today it is perched at supports. We could see another dash towards 24800-24900+, but still difficult to see that level being sustained at the moment. Traders keep buying on dips till 24500 and selling at 24800-24900.

Date
16-Mar-16
S2
24,402
S1
24,517
Sensex Previous Close
                                    24,551.17
R1
24,601
R2
24,636
Sensex Fair Value
27,363


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