Friday’s
rally has still some steam left, soon the Sensex will consolidate between
28200-28500. Continue to initiate longs for a near term target of 28500+ with a trailing
stop-loss at 27690.
|
Date
|
8-Aug-16
|
|
S2
|
27,995
|
|
S1
|
28,016
|
|
Sensex
Previous Close
|
28,078.35
|
|
R1
|
28,110
|
|
R2
|
28,245
|
|
Sensex
Fair Value
|
27,600
|
--
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