Wednesday, June 15, 2016

The Sensex Outlook for the Day - 16-06-2016

As long as the Sensex manages to stay above 26500, the underlying trend as well as the near term outlook remains positive.
Buy on all dips till 26500 for a near term target of 26900. Will relook at the underlying trend only above 26900 or below 26500.

Date
16-Jun-16
S2
26,569
S1
26,642
Sensex Previous Close
                                    26,726.34
R1
26,753
R2
26,882
Sensex Fair Value
27,855

 

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