Tuesday, February 19, 2019

The Sensex Outlook for the Day 19-02-2019

A small bounce from the current levels cannot be ruled out. Might as well play it out too, with small longs on the indices. The overall trend remains firmly down with a target in the range of ~32000 in the next few weeks.

We continue to hold NIFTY PUTS accordingly and also wait to look at stock specific opportunities.

Date19-Feb-19
IndexSensexNifty
S2         35,283        10,576
S1         35,471        10,633
Previous Close  35,498.44  10,640.95
R1         35,591        10,669
R2         35,602        10,672
Fair Value32,3379,693
GenerateChart (1).pngGenerateChart.png

--
By reading this Post, 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