Wednesday, July 27, 2016

The Sensex Outlook for the Day - 28-07-2016



As long as the Sensex trades above 27900, (yesterday’s low) the uptrend is intact. However, 28050 is a strong resistance zone for the Sensex. The consolidation band will shift from 27700-28000 to 28000-28200.     

Date
28-Jul-16
S2
27,855
S1
27,900
Sensex Previous Close
                                    28,024.33
R1
28,045
R2
28,157
Sensex Fair Value
27,950



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