Tuesday, August 30, 2016

The Sensex Outlook for the Day - 30-08-2016


Finally, 27700 came to the rescue of the markets. Too early to call a resumption of the uptrend, but since September is expected to be better than August, start building longs with a trailing stop loss below 27700.

Date
30-Aug-16
S2
27,733
S1
27,851
Sensex Previous Close
                                    27,902.66
R1
27,953
R2
28,014
Sensex Fair Value
27,966



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