Wednesday, November 16, 2016

The Sensex Outlook for the Day - 16-11-2016

                                                       

Any rallies on the opening, fueled by the positive global cues, can be sold into. The Sensex needs to stabilize around 26000-26100, before any meaningful resumption of the rally. There could be some more pain in the market set-up.

Date
16-Nov-16
S2
25,943
S1
26,254
Sensex Previous Close
                                    26,304.63
R1
26,456
R2
26,810
Sensex Fair Value
25,752





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