Market Data

Friday, November 1, 2019

The Sensex Outlook for the Day 01-11-2019

The new high is behind us. Expect the markets to consolidate around 40000/11800 as the best scenario or correct towards ~37000/11000 levels from here onwards. We stick with our strategy of Stock Longs & Nifty Shorts. 
Index Levels 
Date1-Nov-19
IndexSensexNifty
S2           39,972          11,831
S1           40,030          11,848
Previous Close    40,129.05   11,877.45
R1           40,192          11,896
R2           40,300          11,928
Fair Value         30,695           9,085

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