Tuesday, June 7, 2016

The Sensex Outlook for the Day - 08-06-2016



Going forward, the Sensex now needs to sustain 26900, if it were to move towards 27200. However, the chances of moving towards that zone are 50-50 as of now.

Book some profits at the current levels and keep a trailing stop-loss at 26829 (yesterday's low) for the balance and see how it unfolds from here.

Date
8-Jun-16
S2
26,974
S1
26,997
Sensex Previous Close
                                    27,009.67
R1
27,083
R2
27,152
Sensex Fair Value
27,713

 


Disclaimer and Exclusion of Liability - 
http://www.raghavs-picks.com/disclaimer.JPG


Sent from Mail for Windows 10


Subscribe via email

Enter your email address:

Delivered by FeedBurner