Market Data

Wednesday, July 15, 2020

The Sensex Outlook for the Day 15-07-2020

The markets crashed and stopped just before an important support zone at 35519/10456.The call to short the NIFTY yesterday & day before yesterday has paid off handsomely. Now we can see a rally/bounce back up to 36283/10681. Any move outside the 35519-36283/10456-10681 band will take the markets further in that direction. For the now, it looks to cross 36283, atleast in intraday.

S2           35,519           10,456
S1           35,877           10,562
Previous Close      36,033.06      10,607.35
R1           36,150           10,642
R2           36,208           10,659
Fair Value           31,418             9,249

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