Tuesday, April 12, 2016

The Sensex Outlook for the Day - 12-04-2016

The Sensex has bounced back from the support levels I had mentioned. The rally should gain momentum going forward, however some consolidation around 25000 cannot be ruled out. Any dips upto 24890 can be used as a trading buy.

Date
12-Apr-16
S2
24,865
S1
24,933
Sensex Previous Close
                                    25,022.16
R1
25,050
R2
25,230
Sensex Fair Value
26,956




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