Thursday, January 3, 2019

The Sensex Outlook for the Day 03-01-2019

My bearish stance was vindicated yesterday. The best case scenario for the markets is volatile consolidation in the 35700-36000 band with a negative bias.
And the worst case scenario continues to be a short term target of ~34400. 
Keep a SL at 36600 for your short positions.

Date03-Jan-19
IndexSensexNifty
S235,85710,781
S135,87010,785
Previous Close  35,891.5210,792.50
R135,95410,810
R236,01310,828
Fair Value31,6819,525
GenerateChart (1).pngGenerateChart.png

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