Market Data

Friday, July 3, 2020

The Sensex Outlook for the Day 03-07-2020

The near term targets of ~35700/10500 have been achieved, but the markets are still having the momentum to take a shot at  ~37000/10900 in the coming days.
Since we had exited all NIFTY long positions yesterday, we will re-enter NIFTY longs today or on Monday for the above targets keeping a closing SL at 35110/10335.
The stock-specific longs we continue to carry are not dependant on the NIFTY.

S2           35,701           10,510
S1           35,818           10,544
Previous Close      35,843.70      10,551.70
R1           35,929           10,577
R2           36,173           10,649
Fair Value           31,604             9,304

Raghav's Picks Trading Range Indicator.png

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