The Sensex Outlook for the Day - 06-10-2017

The Sensex is again poised at supports.Crossing & sustaining 31600 is the key now. Conservative traders can lie low and wait for next week. Again, I dont see a major up or down move - so hence targets & stop-losses do not matter, for now.

Date	6-Oct-17
Index	Sensex		Nifty
S2	31,487		9,856
S1	31,587		9,887
Previous Close	31,592.03		9,888.70
R1	31,642		9,904
R2	31,713		9,927
Fair Value	27,359		8,564

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The Sensex Outlook for the Day - 03-11-2016

As long as the Sensex trades below 27800, the trend remains downright negative. With the global cues marred with the US election result possibilities, its best to wait and watch for now.

Date	3-Nov-16
S2	27,359
S1	27,501
Sensex Previous Close	27,527.22
R1	27,569
R2	27,679
Sensex Fair Value	27,026

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The Sensex Outlook for the Day - 18-10-2016

The Sensex needs to cross 27600, to get back into the uptrend. Look at longs around 27600 for the near term target of 28000.

Date	18-Oct-16
S2	27,359
S1	27,488
Sensex Previous Close	27,529.97
R1	27,533
R2	27,607
Sensex Fair Value	27,276

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