Market Data

Thursday, October 3, 2019

The Sensex Outlook for the Day 03-10-2019

The markets are currently poised at supports and inspite of the gloomy global cues, I would stick my neck out and expect a small bounce from the current levels.
Having said that, the overall trend remains negative below 38408/11390. Intraday traders can trade the Nifty for a small bounce from supports or better stick to stocks only.
Index Levels 
S2           37,930          11,249
S1           38,286          11,354
Previous Close    38,305.41   11,359.90
R1           38,371          11,379
R2           38,386          11,384
Fair Value         29,892           8,865

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