Monday, July 18, 2016

The Sensex Outlook for the Day - 19-07-2016



28000 is a strong resistance, but the strong supports are far away – 27697 & 27588, so the Sensex could fall quite a bit, before stabilizing. Best to trade light for a while.

Date
19-Jul-16
S2
27,698
S1
27,732
Sensex Previous Close
                                    27,746.66
R1
27,819
R2
28,010
Sensex Fair Value
27,932




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