Thursday, September 17, 2020

The Sensex Outlook for the Day 17-09-2020

It is difficult for the markets to sustain the current levels - expect the markets to re-enter the  38340-39000 (11300-11500) trading band. The short to medium term trend of the markets remains down, the daily moves notwithstanding.

We again added NIFTY Puts towards the close of yesterday's session.

We continue to hold stock-specific longs along with NIFTY Puts & BANKNIFTY Calls.
Date17-Sep-20
IndexSensexNifty
S2 39,199 11,574
S1 39,233 11,584
Previous Close 39,302.85 11,604.55
R1 39,360 11,621
R2 39,576 11,685
Fair Value 28,551 8,430 

--

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

 

Sent from Mail for Windows 10    

Subscribe via email

Enter your email address:

Delivered by FeedBurner