Market Data

Monday, March 23, 2020

The Sensex Outlook for the Week Starting 23-03-2020

It looks like we are headed for another lower circuit this morning. With the coronavirus & lockdown induced volatility and downtrend, it makes no sense to try to predict index moves. Best to trade individual stocks.

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           29,422             8,601
S1           29,809             8,714
Previous Close      29,915.96        8,745.45
R1           30,297             8,857
R2           30,418             8,892
Fair Value           34,372           10,048
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