Thursday, May 25, 2017

The Sensex Outlook for the day - 25-05-2017



Use the gap-up to exit some longs. The outlook remains hazy till the time the Sensex trades below 30600. Only with a close above 30550 - 30600, will we be see a clear resumption of the uptrend which would lead us to 31000.
Date
25-May-17
Index
Sensex
Nifty
S2
30,210
9,332
S1
30,248
9,344
Previous Close
30,301.64
 9,360.55
R1
30,360
9,379
R2
30,413
9,395
Fair Value
27,974
8,642




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