Friday, December 7, 2018

The Sensex Outlook for the Day - 07-12-2018


All the global as well as domestic and technical cues point to a bounce back. A close above 35606/10693 will strengthen the market setup for further gains next week.
Exit your shorts today, no matter what. Aggressive traders can carry forward longs into the next week.
Date 07-Dec-18
Index Sensex Nifty
S2 34,988 10,504
S1 35,150 10,552
Previous Close   35,312.13 10,601.15
R1 35,429 10,636
R2 35,591 10,685
Fair Value 31,742 9,529



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