Friday, July 10, 2020

The Sensex Outlook for the Day 10-07-2020

The markets are closer to the top - aggressive or rather reckless traders can remain long on the NIFTY in an attempt to catch the top near 36900/10900 - keeping a trailing SL at 36450/10730.Others can unwind their NIFTY/BANKNIFTY long positions and move into stock-specific longs. 
Do not short the markets right now & avoid any long positions outside of the F&O stocks Universe.
Date10-Jul-20
IndexSensexNifty
S2           36,614           10,777
S1           36,655           10,789
Previous Close      36,737.69      10,813.45
R1           36,786           10,828
R2           36,828           10,840
Fair Value           31,440             9,254

Raghav's Picks Trading Range Indicator.png
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By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG The markets are closer to the top - aggressive or rather reckless traders can remain long on the NIFTY in an attempt to catch the top near 36900/10900 - keeping a trailing SL at 36450/10730.Others can unwind their NIFTY/BANKNIFTY long positions and move into stock-specific longs. 

Do not short the markets right now & avoid any long positions outside of the F&O stocks Universe.
Date10-Jul-20
IndexSensexNifty
S2           36,614           10,777
S1           36,655           10,789
Previous Close      36,737.69      10,813.45
R1           36,786           10,828
R2           36,828           10,840
Fair Value           31,440             9,254

Raghav's Picks Trading Range Indicator.png
--

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

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