The Sensex Outlook for the Day - 01-09-2017

The markets are poised at a supports and a possible break-out point - however, they seem to lack the strength to move higher from the current levels. 

If the Sensex closes in the red today, the chances of a fresh downtrend cannot be ruled out.

Best to trade light and see the trend shape-up.

Date	1-Sep-17
Index	Sensex		Nifty
S2	31,680		9,902
S1	31,723		9,916
Previous Close	31,730.49		9,917.90
R1	31,742		9,921
R2	31,757		9,926
Fair Value	27,405		8,566

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Raghav @ Raghav's Picks

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