Thursday, August 8, 2019

The Sensex Outlook for the Day 08-08-2019



The markets remain in negative zone/sell-mode. Any rise/bounce till 36800/10888 can be used to short afresh for a near term target of ~35970/10642.

Index Levels to Watch & Fair Value
Date 8-Aug-19
Index Sensex Nifty
S2            36,521           10,805
S1            36,611           10,832
Previous Close     36,690.50    10,855.50
R1            36,786           10,884
R2            36,802           10,888
Fair Value 29,813 8,821



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