Market Data

Sunday, February 3, 2019

The Sensex Outlook for the Week Starting 04-02-2019

The markets reversed from ~35375, but couldn't sustain 36700+ levels. Now that the Budget is behind us, the markets are going to be back in the trading zone between 35400 and 36600. 
If the markets do make a dash towards 36800 (10990), we can be sure of a meltdown post that level. 
The ideal strategy would be to hold NIFTY PUTS and look at stock-specific opportunities.

Date 04-Feb-19
Index Sensex Nifty
S2 36,302 10,843
S1 36,399 10,872
Previous Close   36,469.43 10,893.65
R1 36,707 10,964
R2 36,762 10,980
Fair Value 31,785 9,494

By reading this post, you are agreeing to
the Disclaimer and Exclusion of Liability at   

Subscribe via email

Enter your email address:

Delivered by FeedBurner