Market Data

Tuesday, October 1, 2019

The Sensex Outlook for the Day 01-10-2019

Above 38400/11400, the trend remains neutral to positive, however there is very strong resistance at 38797/11513. The best case scenario for the markets at the moment is 
volatile consolidation in the 38400-38800 band. Any move outside the band will see further movement in the direction of the move.

Index Levels 
S2           38,401          11,395
S1           38,647          11,468
Previous Close    38,667.33   11,474.45
R1           38,719          11,490
R2           38,827          11,522
Fair Value         29,749           8,828

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