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 
Date1-Oct-19
IndexSensexNifty
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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