Wednesday, July 10, 2019

The Sensex Outlook for the Day - 10-07-2019



The next targets for the markets are 38299 & 36989 (11432 & 11041). This is not the time for value-hunting or bottom-fishing. Risk-averse traders can stay away for now and others can initiate fresh shorts at every rise/pull-back.

Index Levels to Watch & Fair Value
Date 10-Jul-19
Index Sensex Nifty
S2            38,458           11,474
S1            38,660           11,535
Previous Close     38,730.82    11,555.90
R1            38,828           11,585
R2            38,988           11,633
Fair Value 28,847 8,607

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