Friday, December 1, 2017

The Sensex Outlook for the Day - 01-12-2017


Even though we broke the SL levels of 33557 & 33397 with a wide-margin yesterday, a bounce back cannot be ruled out.
However the Sensex needs to close above 33300, before we can fully recover from the body blow of yesterday's crash.
Any recovery less than 33300 would be a weak one and could be sold into, at the fag end of the trading session.

Date1-Dec-17
IndexSensexNifty
S232,72610,096
S133,10910,214
Previous Close33,149.35 10,226.55
R133,27810,266
R233,30010,273
Fair Value27,8938,605



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