Monday, July 4, 2016

The Sensex Outlook for the Day - 05-07-2016


The Sensex missed the near term target of 27391 given yesterday by a whisker. At the same time, she could not sustain above 27300 also. This does not bode well for the markets at the moment.
The outlook has turned cautious.
With a trading holiday on Wednesday, it makes sense to book profits and lighten positions wherever possible.

Date
5-Jul-16
S2
27,233
S1
27,251
Sensex Previous Close
                                    27,278.76
R1
27,305
R2
27,386
Sensex Fair Value
27,972


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