Tuesday, October 9, 2018

The Sensex Outlook for the Day - 09-10-2018




The region upto 35000 is fraught with resistances. Dont see the markets taking out those resistances anytime soon. At the same time, with vulnerable supports till 34400, 
we shall see volatile consolidation with a very negative undertone. Its a short on rise market for now.

Date 09-Oct-18
Index Sensex Nifty
S2 34,400 10,327
S1 34,442 10,340
Previous Close   34,474.38 10,348.05
R1 34,474 10,350
R2 34,636 10,398
Fair Value 32,132 9,646



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