Thursday, July 13, 2017

The Sensex Outlook for the Day - 13-07-2017


The markets are now precariously poised - exit long positions for now. While stock-specific opportunities abound, the Sensex & Nifty have held on to the upswing for long and are now showing definite signs of weakness. Keep a strict trailing SL at 31731 (yesterday's low). 
Date13-Jul-17
IndexSensexNifty
S231,7569,801
S131,7789,808
Previous Close31,804.82 9,816.10
R131,8409,827
R231,8669,835
Fair Value27,9298,620



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