Tuesday, September 20, 2016

The Sensex Outlook for the Day - 21-09-2016


There is no change in the near term outlook for the markets. Upside and downside both seems to be capped between 28400-28800,for now. Continue to build staggered longs for 29000/29200, keeping a trailing stop-loss at 28399.

Date
21-Sep-16
S2
28,481
S1
28,509
Sensex Previous Close
                                    28,523.20
R1
28,568
R2
28,699
Sensex Fair Value
27,012




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