Monday, April 8, 2019

The Sensex Outlook for the Week Starting 08-04-2019

Below 39056, the trend remains down only. The markets will consolidate around the current levels, before correcting further. Any rise should be used to exit long positions/ add fresh shorts.


Date 08-Apr-19
Index Sensex Nifty
S2          38,803         11,649
S1          38,841         11,660
Previous Close   38,862.23   11,665.95
R1          38,871         11,669
R2          39,056         11,725
Fair Value 28,726 8,624




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