Market Data

Tuesday, June 25, 2019

The Sensex Outlook for the Day - 25-06-2019

There is no change in the near term outlook for the markets. Expect consolidation in the 38871-39332 band (11625-11762) to eventually give away to a gradual fall towards 36924 (11042). If you're wary of shorting the indices, stock specific opportunities exist for buying.

Index Levels to Watch & Fair Value
Date 25-Jun-19
Index Sensex Nifty
S2            38,944           11,646
S1            39,026           11,671
Previous Close     39,122.96    11,699.65
R1            39,147           11,707
R2            39,216           11,727
Fair Value 28,760 8,601

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