Wednesday, January 9, 2019

The Sensex Outlook for the Day 09-01-2019

The markets couldn't sustain much above 36000; we are now at the upper end of the 35600-36000 trading range. If the Sensex does manages to break this range on the 
upper side, we could see a short dash towards 36287,36329. However if the Sensex fails to make a convincing upmove above 36000, its back to 35600 on the way to 34400.

Date 09-Jan-19
Index Sensex Nifty
S2 35,937 10,789
S1 35,968 10,798
Previous Close   35,980.93 10,802.15
R1 36,037 10,819
R2 36,104 10,839
Fair Value 31,735 9,527


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