The Sensex Outlook for the Day - 08-08-2017

Continue to initiate longs / buy on dips with a trailing SL at 32184/32108 (depending on your risk appetite). The near term target stands @ 32500+ for the Sensex.

Date	8-Aug-17
Index	Sensex		Nifty
S2	32,184		10,029
S1	32,236		10,046
Previous Close	32,273.67		10,057.40
R1	32,302		10,066
R2	32,328		10,074
Fair Value	27,266		8,497

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