Market Data

Sunday, June 24, 2018

The Sensex Outlook for the Week Starting 25-06-2018


​​We are within striking distance of a New Life High, just 2.07% away. 

Whether we make a new high now or not, the outlook for the next few months in the run-up to the General Elections next year is that of Consolidation in the 32500-36500 band.

Traders can take the markets one day at a time.For now, the near term outlook is bullish with target of 35904 and a SL of 35361.The levels of 35739 and 35877 are formidable resistance zones for the Sensex.

Date 25-Jun-18
Index Sensex Nifty
S1 35,664 10,814
Previous Close                               35,689.60 10,821.85
R2 35,887 10,881
Fair Value 31,901 9,673

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