The Sensex almost touched the near term target of 28289 (intraday High - 28284.85) given in the weekly outlook yesterday. As we move towards the GST climax, expect heightened volatility around the 28000 zone. Come what may, as long as 27727 ( the suggested S/L level for August bulls) is not broken, we are on track to see newer highs in the weeks and not months to come.
Date
|
2-Aug-16
|
S2
|
27,874
|
S1
|
27,992
|
Sensex Previous Close
| |
R1
|
28,054
|
R2
|
28,253
|
Sensex Fair Value
|
27,579
|
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