The Sensex Outlook for the day - 20-06-2017

With a mini-breakout of sorts, my stand of having bottomed out last week is vindicated. Going forward, we could see 31500 on the Sensex soon.The outlook will turn neutral from bullish only with a close below 31150 & bearish below 31100. Date 20-Jun-17 Index Sensex Nifty S2 31,258 9,641 S1 31,279 9,648 Previous Close  31,311.57   9,657.55  R1 31,362 9,673 R2 31,622 9,753 Fair Value 27,944 8,619 ​

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