Market Data

Tuesday, May 14, 2019

The Sensex Outlook for the Day - 14-05-2019

My bearish stance over the last few weeks/months is being finally vindicated. 
However, we will see once bounce/pull-back before crashing further.
All these days, I was lowering my near/short term targets for the markets progressively - now I'm advising to remain short for near term targets of ~36400 (10941).

Date 14-May-19
Index Sensex Nifty
S2            36,641           11,017
S1            36,866           11,082
Previous Close     37,090.82    11,148.20
R1            37,450           11,257
R2            37,808           11,366
Fair Value 28,204 8,477

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