Market Data

Thursday, October 10, 2019

The Sensex Outlook for the Day 10-10-2019

The rally/bounce from the oversold levels as predicted in this column yesterday is complete. The Nifty Calls & Long Positions of the last few sessions paid off well yesterday. We have initiated shorts in Nifty Futures and added Nifty Puts towards the end of yesterday's trading session.
Index Levels 
Date 10-Oct-19
Index Sensex Nifty
S2            37,879           11,225
S1            37,959           11,248
Previous Close     38,177.95    11,313.30
R1            38,302           11,350
R2            38,319           11,355
Fair Value          29,630            8,780

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