Market Data

Friday, October 4, 2019

The Sensex Outlook for the Day 04-10-2019

While the overall/larger trend remains down, expect the markets to rise today. A good day to book profits in your short positions and wait for Monday to short afresh. We are holding Stock as well as NIFTY Calls from yesterday in anticipation of a rise today. Those calls should payoff nicely today. Aggressive traders will get opportunities for intraday longs today.

Index Levels 
S2           37,930          11,261
S1           38,096          11,311
Previous Close    38,106.87   11,314.00
R1           38,125          11,319
R2           38,173          11,334
Fair Value         29,682           8,813
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