Monday, October 22, 2018

The Sensex Outlook for the Week Starting - 22-10-2018


Expect the indices to drift lower and close the F&O series at sub 33500/ sub 10000 levels. Any rise can be safely used to create fresh shorts.The outlook will turn positive only after the Sensex manages to close above and sustain 35407.
Date 22-Oct-18
Index Sensex Nifty
S2 33,724 10,127
S1 34,140 10,252
Previous Close   34,315.63 10,303.55
R1 34,340 10,312
R2 34,470 10,351
Fair Value 32,132 9,649



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