Market Data

Thursday, June 4, 2020

The Sensex Outlook for the Day 04-06-2020

While the underlying trend for the rest of the month remains largely positive, the indices will pause for a breath.
Book profits/cut down on Index longs and wait for a meaningful dip to reenter the Index.
There are pockets of strength in individual stocks where we continue to hold long positions.

S2           33,878             9,993
S1           34,015           10,034
Previous Close      34,109.54      10,061.55
R1           34,209           10,091
R2           34,258           10,105
Fair Value           32,738             9,657



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