Market Data

Tuesday, July 23, 2019

The Sensex Outlook for the Day 23-07-2019


Expect a brief bounce-back today.The markets are over-sold in the extreme near-term. Do not short the rally immediately.
The closing targets of 37886/11285 this week still stand. 
Index Levels to Watch & Fair Value
Date 22-Jul-19
Index Sensex Nifty
S2            38,128           11,357
S1            38,271           11,400
Previous Close     38,337.01    11,419.25
R1            38,524           11,475
R2            38,556           11,484
Fair Value 28,709 8,551



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