Sunday, July 26, 2020

The Sensex Outlook for the Week Starting 27-07-2020

    The trading range for the markets shifts to 37898-38220 (11126-11221) from the earlier range of 37980-38225 (11168-11240) given on Friday.
Within this range, the outlook for the markets continues to be neutral, only with a close outside of this range, will we see a further move in the direction of the close. 
We continue to hold NIFTY shorts with no SL at the moment.  
In stocks, we have an almost equal number of longs as well as shorts - which we will carry over into the August series.

Date27-Jul-20
IndexSensexNifty
S237,89811,126
S138,03811,167
Previous Close38,128.9011,194.15
R138,16711,205
R238,23611,226
Fair Value31,3919,216 

Raghav's Picks Trading Range Indicator.png
NIFTY.png
BANKNIFTY.png
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