Sunday, June 5, 2016

The Sensex Outlook for the Week Starting 06-06-2016.




The Sensex seems to be stuck in a range, neither are the stop-loss levels being violated nor the resistances taken out. However, the tide can turn either ways in a jiffy. Keep a tight trailing stop-loss at 26702 and hold on to your longs or better still, book some profits at the current levels.

Date
6-Jun-16
S2
26,702
S1
26,792
Sensex Previous Close
                                    26,843.03
R1
26,881
R2
26,917
Sensex Fair Value
27,950



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