Friday, August 9, 2019

The Sensex Outlook for the Day 09-08-2019

Not expecting the markets to sustain yesterday's gains. In anycase, lighten your positions before the long weekend and the truncated trading week ahead.The near term trading range for the Sensex is 37000-37400.
Index Levels to Watch & Fair Value
Date9-Aug-19
IndexSensexNifty
S2           37,226          11,002
S1           37,251          11,010
Previous Close    37,327.36   11,032.45
R1           37,405          11,056
R2           37,753          11,158
Fair Value29,8648,827
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