Market Data

Sunday, June 23, 2019

The Sensex Outlook for the Week Starting - 24-06-2019


The markets showed promise of a short term rally after Thursday's rise, only to be dashed again on Friday.
In the best case scenario, expect the markets to consolidate between 38871 and 39564 (11627 and 11856).
And the worst case scenario targets would be 36923 (11044) in the next few weeks.  Stock specific opportunities would continue to shine.
Index Levels to Watch & Fair Value
Date 24-Jun-19
Index Sensex Nifty
S2            38,979           11,660
S1            39,086           11,692
Previous Close     39,194.49    11,724.10
R1            39,239           11,737
R2            39,303           11,757
Fair Value 29,079 8,698

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