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
| |
R1
|
28,045
|
R2
|
28,157
|
Sensex Fair Value
|
27,950
|
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