Market Data

Friday, October 18, 2019

The Sensex Outlook for the Day 18-10-2019

Expected the markets to correct from yesterday which didn't happen - however, today being a Friday before a long weekend,  time to lighten positions. 
So initiate fresh shorts on the NIFTY & stock-specific longs can wait till Tuesday.

Index Levels 
Date18-Oct-19
IndexSensexNifty
S2           38,802          11,512
S1           38,905          11,543
Previous Close    39,052.06   11,586.35
R1           39,078          11,594
R2           39,105          11,602
Fair Value         29,718           8,817

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