Friday, November 15, 2019

The Sensex Outlook for the Day 15-11-2019

The markets remain weak below 40300/11900. Being a Friday, it's better to lighten your long as well as short positions and wait for new cues with the new week to take a fresh call on the near term trend. The view for the November expiry continues to be negative.

Index Levels 
Date15-Nov-19
IndexSensexNifty
S2           40,230           11,855
S1           40,268           11,867
Previous Close      40,286.48      11,872.10
R1           40,304           11,877
R2           40,323           11,883
Fair Value           31,605             9,314

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