Market Data

Monday, June 10, 2019

The Sensex Outlook for the Week Starting - 10-06-2019

While we may be looking at a positive start / gap-up opening, whether or not the markets are able to sustain above 39740/11900 remains to be seen. The markets will remain in doldrums as long as they trade in the 39530-39740 band (11840-11900 on the Nifty).  Any swift/sharp movement outside this band will take the markets further in that direction.

Date 11-Jun-19
Index Sensex Nifty
S2            39,533           11,846
S1            39,587           11,862
Previous Close     39,615.90    11,870.65
R1            39,743           11,909
R2            39,842           11,938
Fair Value 29,168 8,740

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