Sunday, December 30, 2018

The Sensex Outlook for the Week Starting 31-12-2018

The markets reversed from ~35011 odd levels to close last week with a gain of 334 points. The bounce we saw last week remains a bounce within a downtrend. Do not build long positions for now.Conservative traders can wait a while before shorting the markets afresh.The near term target in early January 2019 stands at ~34400/10350.

Date31-Dec-18
IndexSensexNifty
S235,98710,833
S136,03110,846
Previous Close  36,076.7210,859.90
R136,19510,895
R236,22210,904
Fair Value31,4399,464

GenerateChart (1).pngGenerateChart.png

--
By reading this message, you are agreeing to
 
the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG   

Subscribe via email

Enter your email address:

Delivered by FeedBurner