Tuesday, July 30, 2019

The Sensex Outlook for the Day 30-07-2019

Any rally/bounce till ~37846 (11237) odd levels can be sold into.
The next targets for the markets are 37307 (11113), 37225 (11088) and 37144 (11064). 
However, expect the markets to stabilize around 36737 (10907) only, in a couple of weeks.

Index Levels to Watch & Fair Value
Date 30-Jul-19
Index Sensex Nifty
S2            37,519           11,140
S1            37,662           11,182
Previous Close     37,686.37    11,189.20
R1            37,750           11,208
R2            37,800           11,223
Fair Value 28,674 8,513


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