Wednesday, April 26, 2017

The Sensex Outlook for the day - 26-04-2017


The next target for the Sensex is 30293. But having run up so much yesterday, the F&O expiry coming up and followed by a long weekend – its difficult to give a date for this target. Build fresh longs & hold on to existing ones, with a closing SL at 29743.
Date
26-Apr-17
S2
29,743

9,244
S1
29,895

9,292
Previous Close
                                    29,943.24

              9,306.60
R1
29,962

9,312
R2
30,114

9,360
Fair Value
26,881

8,355



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