Thursday, May 11, 2017

The Sensex Outlook for the day - 11-05-2017


The markets have run up towards my targets, faster than I had expected or anticipated. While the risk of one fall to sub-30000 levels still remains, I will keep a trailing SL instead of shorting the markets naked. Hold on to your longs with a trailing SL at 30102.
Date
11-May-17
S2
30,102
9,362
S1
30,169
9,383
Previous Close
30,248.17
 9,407.30
R1
30,272
9,415
R2
30,375
9,447
Fair Value
27,053
8,414




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