Market Data

Friday, September 27, 2019

The Sensex Outlook for the Day 27-09-2019


With close to a 1000 point weekly gain on the Sensex (300 on the Nifty),  expect some profit-booking / cooling-off today.  
Better to trade light for the day. 
Any major move outside the 38858-39184 band (11532-11629) will see an accelerated move in that direction which will probably set the course for the next week's move as well.
Index Levels 
Date 27-Sep-19
Index Sensex Nifty
S2            38,893           11,542
S1            38,943           11,557
Previous Close     38,989.74    11,571.20
R1            39,184           11,629
R2            39,441           11,705
Fair Value          29,730            8,823

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