Monday, October 31, 2016

The Sensex Outlook for the Day - 01-11-2016


There is no change in the near term outlook for the Sensex. One can build longs at the current levels and on dips till 27850, for an initial target of 28147 – 28205.As long as the Sensex manages to stay above 27850, the trend will remain positive.

Date
1-Nov-16
S2
27,782
S1
27,890
Sensex Previous Close
                                    27,930.21
R1
27,972
R2
28,018
Sensex Fair Value
26,955
























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