Friday, June 26, 2020

The Sensex Outlook for the Day 26-06-2020

The near term trend for the Sensex & the Nifty has reversed from yesterday's lows or near about. One can again start building longs for targets of ~36000/10650 in the coming days/week. Keep a closing SL at 34300/10120. Conservative traders can divide their longs between today and Monday.
Date26-Jun-20
IndexSensexNifty
S2           34,713           10,251
S1           34,808           10,279
Previous Close      34,842.10      10,288.90
R1           34,957           10,323
R2           35,013           10,339
Fair Value           32,474             9,590

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