Friday, November 2, 2018

The Sensex Outlook for the Day - 02-11-2018


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, while its best to trade light, if you still insist to trade - go with the flow, keeping a SL at 34300 for longs and 34470 for shorts.
The outlook will turn positive only after the Sensex manages to close above and sustain 35405.

Date 02-Nov-18
Index Sensex Nifty
S2 34,303 10,342
S1 34,341 10,353
Previous Close   34,431.97 10,380.45
R1 34,440 10,383
R2 34,472 10,393
Fair Value 32,185 9,703































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