Wednesday, November 2, 2016

The Sensex Outlook for the Day - 02-11-2016


With the global cues, including SGX Nifty as they are, expect some weakness on the opening. However, the markets should stabilize by the later half. If the Sensex closes below 27800, then the weakness in the underlying trend will be further accentuated.
Date
2-Nov-16
S2
27,798
S1
27,846
Sensex Previous Close
                                    27,876.61
R1
27,917
R2
28,021
Sensex Fair Value
27,005





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