Tuesday, October 16, 2018

The Sensex Outlook for the Day - 16-10-2018

The volatility is giving ample intraday opportunities in the indices, like we saw in BankNifty yesterday.
Play the volatility for now with a strict SL, the downtrend will show up again, when you're least expecting it.
Date 16-Oct-18
Index Sensex Nifty
S2 34,740 10,473
S1 34,811 10,495
Previous Close   34,865.10 10,512.50
R1 35,009 10,554
R2 35,395 10,671
Fair Value 32,279 9,731

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