Wednesday, February 19, 2020

The Sensex Outlook for the Day 19-02-2020

The markets have possibly bottomed out for the near term.
We could see the markets rally upto 41250/12100 levels in the near term, 
before taking a pause / resuming the downtrend for the ultimate targets of ~39750/11650.

Index Levels 
Date19-Feb-20
IndexSensexNifty
S2           40,827           11,973
S1           40,849           11,979
Previous Close      40,894.38      11,992.50
R1           40,942           12,006
R2           41,019           12,029
Fair Value           34,176           10,022

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