Wednesday, February 1, 2017

The Sensex Outlook for the Day - 01-02-2017

Expect the Sensex to trade in a wide band of 27473 – 27868. Allow the budget excitement settle down, before taking fresh positions. Any close outside the trading band as above will change the outlook in that direction.
Date
01-Feb-17
Index
Sensex

Nifty
S2
27,536

8,524
S1
27,625

8,552
Previous Close
                                    27,655.96

              8,561.30
R1
27,716

8,580
R2
27,732

8,585
Fair Value
26,188

8,107




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