Friday, September 6, 2019

The Sensex Outlook for the Day 06-09-2019


There is no change in the near term outlook, however book some profits in the short positions and short afresh next week.The outlook will turn neutral from bearish only if the markets manage to cross and sustain 36920 (10900).
Index Levels to Watch & Fair Value
Date 6-Sep-19
Index Sensex Nifty
S2            36,472           10,797
S1            36,542           10,818
Previous Close     36,644.42    10,847.90
R1            36,671           10,856
R2            36,695           10,863
Fair Value 29,529 8,742

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