Wednesday, June 6, 2018

The Sensex Outlook for the Day - 06-06-2018


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​I continue to stick my neck out and root for fresh / newer highs in the next couple of weeks.

We are already poised at the SL levels given yesterday, so in the extreme near term, its a matter of managing your risk appetite and the capacity to hold on to your longs as the Sensex flirts with the SL levels,supports and the lower ends of the trading-range.

Stick to a mixture of Stocks and Index Calls in your trading portfolio.



Date 06-Jun-18
Index Sensex Nifty
S2 34,650 10,516
S1 34,785 10,557
Previous Close               34,903.21 10,593.15
R1 34,920 10,598
R2 34,939 10,604
Fair Value 31,644 9,604


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