Market Data

Thursday, July 2, 2020

The Sensex Outlook for the Day 02-07-2020

The consistently bullish outlook presented in this column since last ~Friday is getting vindicated. 
The markets did manage to sustain above the resistance levels of 35200/10400, paving the way for further upsides.
Continue to remain long on the markets for a target of ~35700/10500, keeping a CLOSING SL at 34946/10292.
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.

S2           35,197           10,366
S1           35,248           10,381
Previous Close      35,414.45      10,430.05
R1           35,467           10,446
R2           35,707           10,516
Fair Value           31,926             9,403

Raghav's Picks Trading Range Indicator.png

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