Market Data

Monday, September 9, 2019

The Sensex Outlook for the Week Starting 09-09-2019

The markets face tremendous resistance between the current levels and 37200 (~11000). It remains to be seen if these resistances can be taken out anytime soon.
On the downside, 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
Date9-Sep-19
IndexSensexNifty
S2           36,896          10,921
S1           36,907          10,924
Previous Close    36,981.77   10,946.20
R1           37,013          10,955
R2           37,098          10,981
Fair Value29,4938,730

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