The Sensex Outlook for the Day - 09-08-2017

The trading band for the Sensex has shrunk considerably; more than a price correction, the threat of a time correction is much higher now.

Inspite of any intraday movement, I dont see the Sensex break the 31900-32100 band on a closing basis.

Date	9-Aug-17
Index	Sensex		Nifty
S2	31,902		9,944
S1	31,915		9,948
Previous Close	32,014.19		9,978.55
R1	32,086		10,001
R2	32,095		10,004
Fair Value	27,261		8,497

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