Friday, June 19, 2020

The Sensex Outlook for the Day 19-06-2020

Finally patience and conviction paid off as the markets closed above 34000/10000. The next targets for this upmove are 34900-35600 (10300-10500) in the coming week(s).
Conservative traders can book some profits before the weekend and be ready to re-enter next week.
The above targets will be negated only with a close below 33200/9800.
Date19-Jun-20
IndexSensexNifty
S2          33,952       10,016
S1          34,077       10,054
Previous Close     34,208.05  10,091.65
R1          34,276       10,111
R2          34,473       10,169
Fair Value          32,744         9,660

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