Market Data

Wednesday, May 8, 2019

The Sensex Outlook for the Day - 08-05-2019

With the initial targets of  ~38400/11550 over-achieved, expect the downtrend to accentuate further.
Any bounce back should be used to initiate fresh / aggressive shorts for targets of sub-38000/ sub-11400.
Keep a SL at a close above 38663/11608 for all short positions.

S2           37,850          11,374
S1           38,063          11,436
Previous Close    38,276.63   11,497.90
R1           38,663          11,608
R2           39,049          11,719
Fair Value28,1498,458

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