Thursday, July 9, 2020

The Sensex Outlook for the Day 09-07-2020

The markets closed below the SL levels given yesterday, however we will see one more attempt towards ~36900/10900 before the markets begin to unwind themselves.
Stock specific longs can be held on to. However, avoid any long positions outside of the F&O stocks Universe.

Date09-Jul-20
IndexSensexNifty
S2           36,234           10,678
S1           36,271           10,689
Previous Close      36,329.01      10,705.75
R1           36,378           10,720
R2           36,444           10,740
Fair Value           31,542             9,295

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