Market Data

Friday, July 12, 2019

The Sensex Outlook for the Day - 12-07-2019



The markets continue to be in a sell on rise/pullback mode. Risk averse traders can lie low for the day and initiate fresh trades from Monday. Others can short the markets / continue to hold on to the shorts at close yesterday.

Index Levels to Watch & Fair Value
Date 12-Jul-19
Index Sensex Nifty
S2            38,734           11,556
S1            38,782           11,571
Previous Close     38,823.11    11,582.90
R1            38,854           11,592
R2            38,869           11,597
Fair Value 28,722 8,569



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