Market Data

Thursday, May 2, 2019

The Sensex Outlook for the Day - 02-05-2019

On Tuesday, the markets bounced off the day's lows to close only marginally lower. The technical setup of the market this morning remains the same as it was on Tuesday morning.

Expecting a down opening, however any rise or pull-back can be used to initiate fresh shorts.

The SL for short positions for the day will be at 39157.

Date 02-May-19
Index Sensex Nifty
S2            38,943           11,723
S1            38,971           11,731
Previous Close     39,031.55    11,748.15
R1            39,106           11,772
R2            39,157           11,787
Fair Value 27,905 8,400


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