Friday, December 30, 2016

The Sensex Outlook for the Day - 30-12-2016


Trade light for the last day of 2016 (trading day that is). The Sensex is looking ripe for a short dip, before it attempts 26500. Increase the trailing SL to 26100 for existing longs.2017 will be even more exciting for the markets.
Date
30-Dec-16
S2
26,167
S1
26,321
Sensex Previous Close
                                    26,366.15
R1
26,430
R2
26,536
Sensex Fair Value
26,214


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