Tuesday, July 18, 2017

The Sensex Outlook for the Day - 18-07-2017


Given the cues from SGX Nifty, expect a weak start to the markets. However the dip can be a good reason to initiate fresh longs - for our markets could possibly recovery during the day itself. Buy on dips till 31984 and keep the same level as an intraday SL.
The SL for aggressive traders is 31900.

Date 18-Jul-17
Index Sensex Nifty
S2 32,037 9,904
S1 32,044 9,906
Previous Close  32,074.78   9,915.95 
R1 32,081 9,918
R2 32,111 9,927
Fair Value 27,929 8,634



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