Thursday, June 15, 2017

The Sensex Outlook for the day - 15-06-2017


Use the opening weakness to build longs.The markets continue to be perched closer to supports. With one event behind us, the consolidation phase is closer to a bottoming out and its a matter of time before the uptrend resumes.The outlook will turn bearish from neutral only with a close below 30995.

Date15-Jun-17
IndexSensexNifty
S231,1189,606
S131,1349,611
Previous Close 31,155.91  9,618.15 
R131,1909,629
R231,2269,640
Fair Value28,1598,693

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