Market Data

Thursday, July 1, 2021

The Sensex Outlook for the Day 01-07-2021

There is no change in the market pattern, nor in the market outlook.
The markets open at higher levels, falter from there and find support near their 20 Day Moving Average, before closing in the red.
However, this pattern will be broken in the favor of the bulls only.
Aggressive traders should buy into the dip/fall for the targets of 54125/16218.
Conservative traders should maintain the strict SL at 52264/15663/34525 for their longs.
Date1 Jul 21
IndexSensexNifty
S2 52,385 15,692
S1 52,450 15,712
Previous Close 52,482.71 15,721.50
R1 52,505 15,728
R2 52,553 15,743
Fair Value 34,838 10,437 


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