Tuesday, October 6, 2020

The Sensex Outlook for the Day 07-10-2020

The market juggernaut should continue to roll on further for 39700/11700 and even higher in the coming days.

Any correction/dip till 39400/11600 is an opportunity to add more long positions.

Keep a trailing SL at 38990/11490 for all long positions.

Date 07-Oct-20
Index Sensex Nifty
S2 39,407 11,613
S1 39,463 11,630
Previous Close 39,574.57 11,662.40
R1 39,624 11,677
R2 39,784 11,724
Fair Value 28,617 8,433

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