Market Data

Monday, July 6, 2020

The Sensex Outlook for the Week Starting 06-07-2020

The next targets for the markets are ~36972/10887. Remain long on the NIFTY with a closing SL at 35545/10561. As long as the SL levels are not broken on close, the bulls will continue to have an upper hand in the markets. 
If you're a conservative trader, then a simple NIFTY long strategy is the best for you, with the SL levels as mentioned above. Even for stock-specific positions, keep a closing SL at the stock as well as the market level.

S2           35,962           10,590
S1           35,991           10,598
Previous Close      36,021.42      10,607.35
R1           36,066           10,620
R2           36,265           10,679
Fair Value           31,091             9,155

Raghav's Picks Trading Range Indicator.png


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