The Sensex Outlook for the Week Starting 14-06-2021

The Sensex managed to cross the 1st target of 52503 whereas the NIFTY closed comfortably above its target of 15760.

The next targets for the markets are now updated to 52762/15886 followed by 53197/15961 and, 53430/16050.

Expect this rally to now top out at 53671/16159. 

Aggressive 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 52138/15698.

Date	14 Jun 21
Index	Sensex	Nifty
S2	52,389	15,774
S1	52,417	15,782
Previous Close	52,474.76	15,799.35
R1	52,515	15,812
R2	52,642	15,850
Fair Value	34,530	10,396

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