Wednesday, June 20, 2018

The Sensex Outlook for the Day - 20-06-2018

T​he near-term downtrend is over for the markets. Time to re-initiate fresh long positions. Use any dips, opening or intraday to initiate trading buys.The SL for all fresh longs lies at 35211.

We have exited BANKNIFTY Puts & NIFTY Puts with good gains and entered NIFTY Calls.




Date 20-Jun-18
Index Sensex Nifty
S2 35,211 10,686
S1 35,224 10,690
Previous Close                               35,286.74 10,710.45
R1
35,363 10,732
R2 35,396 10,742
Fair Value 32,111 9,745

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