Tuesday, June 9, 2020

The Sensex Outlook for the Day 09-06-2020

As expected, the markets couldn't close above 34400/10175 - leaving the short term field in the hands of the bears.
The NIFTY would give enough buy/sell opportunities to Day Traders. But the real short term move would come only with a close above 34569 (10226) or below 34200 (10115)
We continue to stock-specif long and short positions which will move towards their respective targets in spite of the overall market direction.
Date09-Jun-20
IndexSensexNifty
S2           34,213           10,121
S1           34,343           10,159
Previous Close      34,370.58      10,167.45
R1           34,503           10,207
R2           34,548           10,220
Fair Value           33,096             9,790

Raghav's Picks Trading Range Indicator.png

--

By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG 

Subscribe via email

Enter your email address:

Delivered by FeedBurner