Wednesday, December 7, 2016

The Sensex Outlook for the Day - 07-12-2016

The trading range bottom is in place for now -however the upsides risks could play spoilsport. I expect a positive opening with a flat to negative close. Keep a trailing SL at 26221 for all long positions.

Date
7-Dec-16
S2
26,221
S1
26,356
Sensex Previous Close
                                    26,392.76
R1
26,452
R2
26,502
Sensex Fair Value
26,253


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