Monday, May 23, 2016

The Sensex Outlook for the week starting 23-05-2016


It's a matter of time before 25000 cracks and the markets tumble further. Continue to remain on the short side.Even if the markets continue to remain sideways rather than tumble as expected, those holding short positions will be amply rewarded in the days to come.

Date        23-May-16
S2            25,142
S1            25,252
Sensex Previous Close        25,301.90
R1           25,353
R2           25,369
Sensex Fair Value 27,988






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