Wednesday, September 11, 2019

The Sensex Outlook for the Day 11-09-2019

The markets bounce off from the day lows but shy from the day high's as well - many see this as a base building for the next leg of the rally.However, things will get far worse before getting better. Do not get carried away with any rise - today or tomorrow.
The recent low of 36102 is waiting to be violated once again, giving way to the short term target of 35468 (10498). 
Index Levels to Watch & Fair Value
Date11-Sep-19
IndexSensexNifty
S2           36,872          10,922
S1           37,058          10,977
Previous Close    37,145.45   11,003.05
R1           37,332          11,058
R2           37,424          11,086
Fair Value29,5688,758

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