Wednesday, June 10, 2020

The Sensex Outlook for the Day 10-06-2020

The markets have corrected sufficiently as indicated in this column on Sunday & Monday. 
Going forward we can see a resumption of the near term uptrend. 
Initiate aggressive longs for a target of ~35000/10350, keeping a closing SL at 33600/9940.

Date10-Jun-20
IndexSensexNifty
S2           33,711             9,974
S1           33,881           10,024
Previous Close      33,956.69      10,046.65
R1           34,017           10,065
R2           34,095           10,087
Fair Value           33,156             9,810

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