Market Data

Wednesday, June 16, 2021

The Sensex Outlook for the Day 16-06-2021

There is no change in the near-term outlook for the markets. The rally, in the current form, should top out at 53950/16223.
Aggressive traders should continue to remain long/ add to your longs/ add fresh longs for the above levels, without bothering about the intraday swings/ near term volatility.
Conservative traders can keep a trailing SL at 52332/15737.

Date16 Jun 21
IndexSensexNifty
S2 52,600 15,817
S1 52,701 15,847
Previous Close 52,773.05 15,869.25
R1 52,870 15,898
R2 52,993 15,935
Fair Value 33,849 10,179 


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