The Sensex Outlook for the Day 17-09-2019

There is no change in the near & short term trends for the markets - both remain clearly down.The markets are currently placed nearer to their immediate supports and its a matter of time before 37000 and 11000 are decisively broken.

The markets will have to cross & sustain 37507 (11117) before the outlook changes from negative to neutral. Keep these levels as a closing SL and remain short on the markets. 

Index Levels
Date	17-Sep-19
Index	Sensex	Nifty
S2	37,083	10,992
S1	37,114	11,001
Previous Close	37,123.31	11,003.50
R1	37,151	11,012
R2	37,204	11,027
Fair Value	29,783	8,828

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