Market Data

Sunday, November 3, 2019

The Sensex Outlook for the Week Staring 04-11-2019

Moving higher or even sustaining these levels will require immense gumption from the bulls. Reaching a New High is one thing and staying there, another. It will be easier for the markets to drift lower from the current levels than to attempt to move up further. The indices remain a sell on every rise/ each level. Stick to staying in cash or pursue stock-specific opportunities.
Index Levels 
S2           40,044          11,855
S1           40,127          11,879
Previous Close    40,165.03   11,890.60
R1           40,193          11,899
R2           40,285          11,926
Fair Value         30,600           9,059
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