Thursday, June 14, 2018

The Sensex Outlook for the Day - 14-06-2018

​There is really no change in the near term outlook from yesterday - we continue to book profits. The 

BANKNIFTY Puts will​ loose money for us, but the NIFTY Puts will pay off well. The outlook will turn bearish

from profit-booking only with a close below 35500.

Date 14-Jun-18
Index Sensex Nifty
S2 35,638 10,826
S1 35,724 10,852
Previous Close                               35,739.16 10,856.70
R1 35,775 10,867
R2 35,810 10,878
Fair Value 31,423 9,545

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