Sunday, October 22, 2017

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.

Date23-Oct-17
IndexSensexNifty
S232,15310,072
S132,31910,124
Previous Close32,389.96 10,146.55
R132,45710,168
R232,52810,190
Fair Value27,6618,665


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