The Sensex Outlook for the Day - 12-06-2019

Aggressive traders can still hold on to shorts. With index upsides capped, its time to shift to stock-specific opportunities.

Date	12-Jun-19
Index	Sensex	Nifty
S2	39,895	11,949
S1	39,926	11,955
Previous Close	39,950.46	11,965.60
R1	40,008	11,983
R2	40,110	12,013
Fair Value	29,138	8,727

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Sensex Outlook for the week starting 23-02-2015

Sensex Outlook for the week -

Inspite of Friday's fall, the outlook continues to be bullish in the near-term.

This bullish outlook will change only with a close below a 29000.

With the F&O expiry and trading on the Budget day, its going to be a long trading week this time.

Buy aggressively on dips, with a near term target of 30000 and a closing stop loss below 29000.

Date	23-Feb-15
S2	29,138
S1	29,178
Sensex Previous Close	29,231.41
R1	29,291
R2	29,462
Medium Term Fair Value (6-12 months)	30,028

           

                                                                                      

                                                                                                               

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