Market Data

Tuesday, August 9, 2016

The Sensex Outlook for the Day - 10-08-2016


The Sensex moved contrary to the expectations given in yesterday’s outlook. However, it just managed to settle at 28085, given as a support yesterday. (“Initiate aggressive longs at current levels and on dips till 28086.”).
There is no change in the near term outlook, continue to initiate long positions, keeping a stop-loss at 27789.

Date 10-Aug-16
S2 27,858
S1 27,957
Sensex Previous Close                               28,085.16
R1 28,111
R2 28,209
Sensex Fair Value 27,609


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