The Sensex Outlook for the Day - 13-10-2017

Inspite of yesterday's rally, we are not even near a mini-break-out yet, so in other words, the markets can zoom into either direction from here.

More than the cues from SGX Nifty, I would like to see the 1st hour of trade to figure as to where is the market headed for the day. A close below 32000 will be a momentary set-back for the current market set-up.

Date	13-Oct-17
Index	Sensex		Nifty
S2	32,068		10,061
S1	32,101		10,071
Previous Close	32,182.22		10,096.40
R1	32,293		10,131
R2	32,487		10,192
Fair Value	27,400		8,596

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