Market Data

Friday, October 30, 2020

The Sensex Outlook for the Day 30-10-2020

The calendar month of October ends with the onset of the November series with a fresh blank slate for the Markets and the Bulls. Any opening/intraday dip till 39400/11570 is an opportunity to add longs for a target of 40400/11850.

Keep a closing SL below 39400/11570 and add longs for targets of 40400/11850. If you are a conservative trader - wait till Tuesday to add fresh longs.

Even aggressive traders need to keep the above SL for the day.

Date 30 Oct 20
Index Sensex Nifty
S2            39,401            11,568
S1            39,524            11,605
Previous Close       39,749.85       11,670.80
R1            39,768            11,676
R2            39,807            11,688
Fair Value            31,009              9,104


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