Wednesday, March 30, 2016

The Sensex Outlook for the Day - 30-03-2016

Its bounce back time for the markets. However, the uptrend will be strengthened only with a close above 25000, not a difficult task given the global & SGX Nifty cues. Start building fresh longs between 24835-25000 for an initial near term target of 25200.

Date 30-Mar-16
S2 24717
S1 24835
Sensex Previous Close                                    24900.46
R1 24938
R2 24962
Sensex Fair Value 26999

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