Tuesday, February 12, 2019

The Sensex Outlook for the Day - 12-02-2019


The region from 36298 to 36320 is a very strong support zone for the markets.
Likewise 36428 to 36489 is a strong resistance zone and the Sensex is firmly ensconced between these 2 ranges
We could see some consolidation and even a small rally attempt from these levels, before the markets fall again.
Initiate fresh shorts only closer to the resistances.

Date 12-Feb-19
Index Sensex Nifty
S2          36,298         10,860
S1          36,320         10,866
Previous Close   36,395.03   10,888.80
R1          36,428         10,904
R2          36,446         10,938
Fair Value 32,089 9,602



--

By reading this post, you are agreeing to
the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG   



Subscribe via email

Enter your email address:

Delivered by FeedBurner