Market Data

Tuesday, July 30, 2019

The Sensex Outlook for the Day 31-07-2019


A small rally/bounce from the current levels cannot be ruled out. The downward targets given in this column still stand, but the bears will probably take a break for a bit.
Do not get carried away with the rally/bounce back - if at all it happens.

Index Levels to Watch & Fair Value
Date 31-Jul-19
Index Sensex Nifty
S2            36,909           10,941
S1            37,142           11,010
Previous Close     37,397.24    11,085.40
R1            37,494           11,114
R2            37,523           11,123
Fair Value 29,160 8,644


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