Monday, November 28, 2016

The Sensex Outlook for the Week Starting 28-11-2016

The possibility of one last down-move towards 25854 (7972) still exists. The upside is littered with strong resistances all the way till 26822. Better to take the markets one day at time. Keep a trailing stop loss at 26025 for existing longs.

Date
28-Nov-16
S2
26,025
S1
26,178
Sensex Previous Close
                                    26,316.34
R1
26,344
R2
26,501
Sensex Fair Value
26,164

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