Market Data

Tuesday, August 18, 2020

The Sensex Outlook for the Day 18-08-2020

Inspite of yesterday's rise, nothing has changed for the markets. 
The levels of 38500/11360 are now a huge/formidable resistance for the markets.
The downside will accelerate further till 37464/11050 in the days to come.
The target for this dip should be 36300/10700.
Keep a closing SL at 38541/11375 and remain short.

In stocks, we continue to have aggressive longs as well as shorts.

Date 18-Aug-20
Index Sensex Nifty
S2  37,973   11,224 
S1  37,993   11,230 
Previous Close  38,050.78   11,247.10 
R1  38,080   11,256 
R2  38,103   11,263 
Fair Value  29,182   8,626 


By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at 


Sent from Mail for Windows 10    

Subscribe via email

Enter your email address:

Delivered by FeedBurner