Wednesday, August 9, 2017

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.

Date9-Aug-17
IndexSensexNifty
S231,9029,944
S131,9159,948
Previous Close32,014.19 9,978.55
R132,08610,001
R232,09510,004
Fair Value27,2618,497



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