Monday, June 29, 2020

The Sensex Outlook for the Week Starting 29-06-2020

The underlying trend for the near term is clearly UP with heightened volatility nevertheless. 
Use any opening dips to initiate aggressive longs for a target of ~35700/10500, keeping a CLOSING SL at 34961/10321.
As long as the SL levels are not breached on a closing basis, aggressive traders can remain long for a target of ~37000/10900 as the short term top for the markets.

Date29-Jun-20
IndexSensexNifty
S2           35,083           10,357
S1           35,112           10,366
Previous Close      35,171.27      10,383.00
R1           35,348           10,435
R2           35,707           10,541
Fair Value           32,462             9,583

Raghav's Picks Trading Range Indicator.png

NIFTY.png
--

By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG 

Subscribe via email

Enter your email address:

Delivered by FeedBurner