The Sensex Outlook for the Week Starting 23-10-2017

Last week's outlook - "Going forward into the festive season, the outlook remains firmly bullish - remain long | add to your longs, with a closing SL below 32150." 

The fall on Diwali day seems to be an aberration,  if the markets manage to stabilize at the current levels, the rally is intact. The SL remains at 32150 as it was last week.

Date	23-Oct-17
Index	Sensex		Nifty
S2	32,153		10,072
S1	32,319		10,124
Previous Close	32,389.96		10,146.55
R1	32,457		10,168
R2	32,528		10,190
Fair Value	27,661		8,665

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