Market Data

Tuesday, October 29, 2019

The Sensex Outlook for the Day 29-10-2019

The markets will continue to face resistance at ~39400/11670. A failure to convincingly cross and close above these levels will ensure that the bulls remain
vulnerable and the bears have the upper hand. It is best to trade the NIFTY along the flow (only intraday positions) and continue to focus on individual stocks for positional longs.

Index Levels 
Date29-Oct-19
IndexSensexNifty
S2           39,097          11,582
S1           39,174          11,605
Previous Close    39,250.20   11,627.15
R1           39,278          11,635
R2           39,285          11,637
Fair Value         30,364           8,995

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