Monday, May 9, 2016

The Sensex Outlook for the Day - 10-05-2016

We need to see the Sensex sustain 25000 for atleast 2 more trading sessions, before concluding that the worst is over for now. Till that happens, I continue to remain bearish / short on the markets.

Date 10-May-16
S2 25,455
S1 25,567
Sensex Previous Close                                    25,688.86
R1 25,710
R2 25,878
Sensex Fair Value 27,554


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