Market Data

Thursday, April 9, 2020

The Sensex Outlook for the Day 09-04-2020

The markets will consolidate at the current levels before the long weekend. While I continue to remain bullish in the near/short term, avoid carrying trading positions over the weekend.
For the day, the consolidation range for the markets could be 29100-30100(8500-8800).
Investors still have to wait, patiently for maybe until early 2021 before committing long term funds in this market.

S2           29,393             8,602
S1           29,603             8,664
Previous Close      29,893.96        8,748.75
R1           29,952             8,766
R2           30,008             8,782
Fair Value           34,604           10,127
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