Thursday, February 16, 2017

The Sensex Outlook for the Day - 16-02-2017

The Stop-Loss levels were not violated on close, however wait for the markets to stabilize around 28200/8740 before taking up fresh positions. The trend reversal level now stands at 28017.

Date
16-Feb-17
Index
Sensex

Nifty
S2
28,017

8,682
S1
28,102

8,708
Previous Close
                                    28,155.56

              8,724.70
R1
28,188

8,735
R2
28,213

8,743
Fair Value
26,951

8,351



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