Market Data

Thursday, March 19, 2020

The Sensex Outlook for the Day 19-03-2020

After the initial gap-down, expect the markets to stabilize around ~27300/8000. A good time to accumulate Out-of-Money Call Options for next week's expiry.

The long term trend continues to remain down - investors still have to wait, patiently before committing long term funds in this market.
Index Levels 
S2           27,280             8,002
S1           28,613             8,469
Previous Close      28,869.51        8,635.98
R1           29,439             8,662
R2           29,528             8,759
Fair Value           34,480           10,115
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