Market Data

Monday, August 22, 2016

The Sensex Outlook for the Day - 23-08-2016


The Sensex is precariously close to SL levels and Supports. However the underlying trend has not yet turned negative from neutral. Will the price consolidation give way to time correction or to a break-out, the odds are evenly in favour of both as of now.

Date
23-Aug-16
S2
27,859
S1
27,918
Sensex Previous Close
                                    27,985.54
R1
28,007
R2
28,143
Sensex Fair Value
27,994



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