Tuesday, October 30, 2018

The Sensex Outlook for the Day - 30-10-2018


Yesterday's 2+% rise was indeed astounding, but doesnt imply that the markets are anywhere out of the woods.
My targets of 32268/9705 still stand as of now.
For the day, 34153 is a formidable resistance.
The outlook will turn positive only after the Sensex manages to close above and sustain 35406.

Date 30-Oct-18
Index Sensex Nifty
S2 33,855 10,188
S1 33,923 10,209
Previous Close   34,067.40 10,250.85
R1 34,153 10,278
R2 34,446 10,366
Fair Value 32,135 9,670


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