Market Data

Sunday, April 14, 2019

The Sensex Outlook for the Week Starting 15-04-2019

On a week-on-week basis, the markets corrected only marginally, just 95 points on the Sensex and 22 on the Nifty - much lower than what we expected in this column last week.
With a truncated trading week, the markets will test the patience of the bulls as well as bears, however by the time we reach expiry, the bears would be clear winners of the waiting / patience game. 
Date15-Apr-19
IndexSensexNifty
S2         38,714        11,626
S1         38,720        11,628
Previous Close  38,767.11  11,643.45
R1         38,787        11,648
R2         38,806        11,654
Fair Value28,4708,550
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GenerateChart (1).pngGenerateChart.png
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