Thursday, May 5, 2016

The Sensex Outlook for the Day - 06-05-2016

Inspite of yesterday’s rise, the underlying trend remains downward and it’s a matter of time before 25000 is broken. Given that it’s a Friday, trade light and you can short the markets afresh from Monday onwards.

Date
06-May-16
S2
25,139
S1
25,163
Sensex Previous Close
                                    25,262.21
R1
25,273
R2
25,394
Sensex Fair Value
26,998


Subscribe via email

Enter your email address:

Delivered by FeedBurner