Thursday, July 6, 2017

The Sensex Outlook for the Day - 06-07-2017


There is no change in the near term outlook for the markets.Remain long, keep adding to your longs for a ST target of 31502-31556; while keeping a trailing SL at 31133.
In the worst case scenario, the markets will consolidate within a tight - 31150-31350 band in the extreme near term.

Date6-Jul-17
IndexSensexNifty
S231,2269,632
S131,2369,635
Previous Close31,245.56 9,637.60
R131,2859,650
R231,2999,654
Fair Value27,8908,603


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