Tuesday, September 27, 2016

The Sensex Outlook for the Day - 28-09-2016

The near-term trend is clearly down at the moment, however as we have seen many times in the recent past – bull market corrections , though vicious are short, swift & sharp. Therefore the trend reversal is just a matter of time. Hence the advice to build intermittent longs.

Date
28-Sep-16
S2
28,055
S1
28,179
Sensex Previous Close
                                    28,223.70
R1
28,279
R2
28,360
Sensex Fair Value
27,082





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