Monday, November 12, 2018

The Sensex Outlook for the Week Starting - 12-11-2018


The rally from ~33291 odd levels faces it biggest test at 35416. A failure to convincingly cross 35416 will see the Sensex give up its recent gains in no time. Buy the dips till 35085 for targets of 35400/Higher.A failure to cross 35416 will be followed by listless consolidation in the 35000-35400 band before the markets crack.

Date 12-Nov-18
Index Sensex Nifty
S2 35,085 10,565
S1 35,129 10,578
Previous Close   35,158.55 10,585.20
R1 35,185 10,595
R2 35,262 10,618
Fair Value 31,759 9,563




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