Thursday, June 18, 2020

The Sensex Outlook for the Day 18-06-2020

Every day our markets wake up to negativity/ adverse global cues and in anticipation of important events/judgments/announcements. 
And every day our markets hold on to their key supports and try to navigate across to the resistances. 
Its a matter of time, before 34000/10000 is taken out successfully and those holding on to their longs are amply rewarded by the markets. 

Remain long with a closing SL at 32950/9716 for the short term targets of 34530/10180.

Date18-Jun-20
IndexSensexNifty
S2           33,333             9,830
S1           33,447             9,863
Previous Close      33,507.92        9,881.15
R1           33,532             9,888
R2           33,592             9,906
Fair Value           32,981             9,726

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