Market Data

Tuesday, June 16, 2020

The Sensex Outlook for the Day 16-06-2020

The markets closed marginally lower than the closing SL levels of  33328/9839.
However, all is not lost for the markets given the way they bounced from the day's lows. 
We continue to remain long on the NIFTY /BANKNIFTY and select stocks which will be relatively stable/outperform in the near term as well as short term. 
As I have mentioned in the past also, even if you trade only in the cash segment and not in Futures & Options, do not trade outside the universe of the F&O permitted stocks.

S2           32,917             9,722
S1           32,924             9,724
Previous Close      33,228.80        9,813.70
R1           33,274             9,827
R2           33,297             9,834
Fair Value           32,659             9,645

By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at 

Subscribe via email

Enter your email address:

Delivered by FeedBurner