Sunday, July 15, 2018

The Sensex Outlook for the Week Starting 16-07-2018


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​Those who are still holding long positions, keep a SL at 36452 and be ready to jump off at this level.Fresh shorts can be made at the current levels and on any unlikely rise to 36600/11036 levels.
Though delayed - price as well as time wise,I'm looking forward to my earlier call of a melt-down in July coming true in the days to come.

Date 16-Jul-18
Index Sensex Nifty
S2 36,452 10,993
S1 36,502 11,008
Previous Close                               36,541.63 11,018.90
R1 36,594 11,036
R2 36,670 11,059
Fair Value 32,154 9,697



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