Market Data

Monday, September 16, 2019

The Sensex Outlook for the Week Starting 16-09-2019

There is no change in the near & short term trends for the markets - both remain clearly down.On Friday, the markets closed nearer to their resistance levels, so its a given that 
we will see a down move from the current levels on opening.

The markets have to cross & sustain 37500 (11110) before the outlook changes from negative to neutral. Keep these levels as a closing SL and remain short on the markets.

Index Levels 
Date 16-Sep-19
Index Sensex Nifty
S2            37,266           11,041
S1            37,291           11,048
Previous Close     37,384.99    11,075.90
R1            37,397           11,079
R2            37,435           11,091
Fair Value          29,424            8,717

By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at  

Subscribe via email

Enter your email address:

Delivered by FeedBurner