Tuesday, October 3, 2017

The Sensex Outlook for the Day - 03-10-2017


The markets did shoot up last Friday only to end up flat on close. Even though the markets will take some time to re-calibrate themselves in 31000-31500 zone, one can take fresh long positions above 31200 for a target of 31500. For the moment, stop-losses do not matter.

Date3-Oct-17
IndexSensexNifty
S231,1429,744
S131,2429,776
Previous Close31,283.72 9,788.60
R131,3509,809
R231,3909,822
Fair Value27,3918,571

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