Tuesday, December 6, 2016

The Sensex Outlook for the Day - 06-12-2016

                                                       

The bottom is in place for the markets in the near-term, however the upside still looks capped. The Sensex will probably make another dash towards 26800. Whether it manages to take it out or not, remains to be seen. Go long on the markets with a SL at 26125 (yesterday’s low).

Date
6-Dec-16
S2
26,125
S1
26,288
Sensex Previous Close
                                    26,349.10
R1
26,391
R2
26,541
Sensex Fair Value
26,210



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