The Sensex Outlook for the Week Starting - 07-06-2021

The next closing targets for the markets are 52503/15760, 53197/15961, and 53430/16050.

The region above 52535/15800 will be a strong 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 51782/15575.

Date	7 Jun 21
Index	Sensex	Nifty
S2	52,029	15,649
S1	52,061	15,658
Previous Close	52,100.05	15,670.25
R1	52,144	15,684
R2	52,171	15,692
Fair Value	35,088	10,553

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