Market Data

Tuesday, June 8, 2021

The Sensex Outlook for the Day 08-06-2021

There is no change in the near-term outlook for the markets.
The next closing targets for the markets are 52503/15760, 53197/15961, and 53430/16050.
The levels of 52350/15765 are a  resistance zone and some volatile consolidation around these levels cannot be ruled out. 
Traders should continue to remain long/ add to your longs/ add fresh longs for the above levels. 
Conservative traders can keep a trailing SL at 51983/15648.
Date8 Jun 21
S2 52,217 15,718
S1 52,252 15,729
Previous Close 52,328.51 15,751.65
R1 52,347 15,757
R2 52,389 15,770
Fair Value 34,457 10,372 


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