Tuesday, September 11, 2018

The Sensex Outlook for the Day - 11-09-2018


There is no change in the market outlook.
The markets are clearly heading towards a downtrend which will accelerate in the days to come - any rise/rally can be used to create fresh shorts.
Only a decisive close above 38150/38185 will change the extreme near term outlook to positive.

Date 11-Sep-18
Index Sensex Nifty
S2 37,589 11,339
S1 37,903 11,434
Previous Close   37,922.17 11,438.10
R1 37,975 11,456
R2 38,026 11,471
Fair Value 32,059 9,671




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