Wednesday, September 20, 2017

The Sensex Outlook for the Day - 20-09-2017



There is no real change in the near-term outlook from yesterday.
While 33000 on the Sensex doesn't seem to be too far; we could see some violent / volatile consolidation before even crossing decisively, the previous All-Time High of 32687.
Remain long/buy on dips till 32286.The near term outlook will be become bearish only will a close below 32105.

Date 20-Sep-17
Index Sensex Nifty
S2 32,305 10,117
S1 32,366 10,136
Previous Close                                     32,402.37                            10,147.55
R1 32,428 10,156
R2 32,463 10,166
Fair Value 27,496 8,611



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