Monday, October 3, 2016

The Sensex Outlook for the Day - 04-10-2016


Difficult to see the markets sustain these levels in the near term – no matter what the Credit Policy brings, expect a sell-off triggered by profit-booking. Will wait to initiate longs at lower levels.

Date
4-Oct-16
S2
28,145
S1
28,235
Sensex Previous Close
                                    28,243.29
R1
28,273
R2
28,450
Sensex Fair Value
27,088





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