Thursday, October 27, 2016

The Sensex Outlook for the Day - 27-10-2016


While the near term target of ~ 28350 stands nullified, expect a brief bounce back today. Use that to reduce long positions for now. Rollover longs very selectively.



Date
27-Oct-16
S2
27,664
S1
27,760
Sensex Previous Close
                                    27,836.51
R1
27,882
R2
27,950
Sensex Fair Value
26,928










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