Tuesday, May 9, 2017

The Sensex Outlook for the day - 09-05-2017


As on expected lines, the markets could not sustain above 29950. Going forward, the consolidation in the 29700-30000 band will continue. This is a traders' market and will test at your patience at every dip and rise – so build positions accordingly.
Date
09-May-17
S2
29,877
9,299
S1
29,903
9,307
Previous Close
29,926.15
 9,314.05
R1
29,940
9,318
R2
30,016
9,342
Fair Value
27,000
8,403



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