Wednesday, July 11, 2018

The Sensex Outlook for the Day 11-07-2018

​​​With little or no-scope for further upside from the current levels, its a matter of time that the markets fall like a house of cards. I erred and missed the rally from ~35600 to 36200+ with no long positions in this range.I continue to hold and add to, Out-of-Money Nifty Puts ​ and will also short​ed​ the NIFTY afresh yesterday​.



Date 11-Jul-18
Index Sensex Nifty
S2 36,138 10,918
S1 36,178 10,930
Previous Close                               36,239.62 10,947.25
R1 36,257 10,954
R2 36,463 11,016
Fair Value 32,216 9,733












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