Market Data

Friday, June 28, 2019

The Sensex Outlook for the Day - 28-06-2019

It is clear that the markets cannot sustain higher levels for now. They will continue to face resistance/headwinds at 39660-39800 zone (11864 - 11910). Day Traders can play this volatile consolidation, while others can wait  for a clear direction, mostly on the downside, before taking a short term view on the markets.

Index Levels to Watch & Fair Value
Date 28-Jun-19
Index Sensex Nifty
S2            39,546           11,830
S1            39,566           11,835
Previous Close     39,586.41    11,841.55
R1            39,638           11,857
R2            39,661           11,864
Fair Value 28,729 8,594

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