Wednesday, May 9, 2018

The Sensex Outlook for the Day - 09-05-2018


  


There isnt any major change in the near term outlook from yesterday - however the Sensex is facing some nasty resistance levels till 35300. A failure to take on the resistances, could increase the downside risk.The level of 35110 remains sacrosanct .

Date 9-May-18
Index Sensex Nifty
S2 35,124 10,689
S1 35,175 10,704
Previous Close                       35,216.32 10,717.80
R1 35,247 10,726
R2 35,285 10,738
Fair Value 30,868 9,394


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