Sunday, April 17, 2016

The Sensex Outlook for the week starting 18-04-2016

The Sensex has finally resumed its firm and clear uptrend. The near term target now stands at 26088. Use any dips till 25358 (yesterday’s low) as an opportunity to initiate fresh longs.

Date
18-Apr-16
S2
25,358
S1
25,552
Sensex Previous Close
                                    25,626.75
R1
25,672
R2
25,885
Sensex Fair Value
27,037


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