Friday, February 15, 2019

The Sensex Outlook for the Day - 15-02-2019


We would have probably seen a small bounce/rally after the days of continuous falling, but for the unfortunate terror attacks and the heightened geo-political tensions, expect the markets to remain weak only. However, as smart traders, we are better-off in trading light/ offloading positions and waiting for Monday to take fresh positions (short positions).

Date 15-Feb-19
Index Sensex Nifty
S2          35,610         10,666
S1          35,799         10,723
Previous Close   35,876.22   10,746.05
R1          35,929         10,762
R2          35,959         10,771
Fair Value 32,508 9,736





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