Thursday, November 1, 2018

The Sensex Outlook for the Day - 01-11-2018


Yesterday's rise was a positive surprise. However my near term target of sub-33292 levels will be negated only if the Sensex manages to close the week above 34290.For the day, go with the flow, keeping a SL at 34400 for longs and 34470 for shorts.
The outlook will turn positive only after the Sensex manages to close above and sustain 35405.

Date 01-Nov-18
Index Sensex Nifty
S2 34,290 10,341
S1 34,418 10,379
Previous Close   34,442.05 10,386.60
R1 34,463 10,393
R2 34,519 10,410
Fair Value 32,282 9,735



























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