Wednesday, December 26, 2018

The Sensex Outlook for the Day 27-12-2018

Going forward,the fall to ~34400 odd levels will be inter-spaced by rallies and pull-backs. We saw an example of the same today. Do not get carried away with the rallies and keep-on booking profits in your short positions regularly.
The negative outlook / short term target of ~34400, will be cancelled only with a close above 35900/10800.

Date27-Dec-18
IndexSensexNifty
S235,59010,710
S135,62110,720
Previous Close  35,649.9410,729.85
R135,69410,741
R235,71110,747
Fair Value31,5329,489

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