The Sensex Outlook for the Day 30-01-2019

Between March and August last year, the Sensex gained more than 6500 points and in the last 5 months, it gave up more than half of the gains  ~3400 points. And its only the beginning of the downtrend.Expect the markets to stabilize around ~32500 levels in the coming months.

Remain short on the markets with a trailing SL at 35884.

Date	30-Jan-19
Index	Sensex	Nifty
S2	35,347	10,580
S1	35,567	10,646
Previous Close	35,592.50	10,652.20
R1	35,614	10,660
R2	35,631	10,665
Fair Value	31,605	9,460

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The Sensex Outlook for the Day - 06-07-2018

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​The Sensex couldn't sustain higher levels and tumbled from the highs of the day, to close at levels that spell further weakness.

You can choose to remain short today also, but if you're wary of taking aggressive positions on Friday's, wait for Monday to create fresh shorts.

The markets are not going to go up anytime soon and downwards is the only way for now.

Date	06-Jul-18
Index	Sensex	Nifty
S2	35,518	10,734
S1	35,533	10,738
Previous Close	35,574.55	10,749.75
R1	35,598	10,758
R2	35,614	10,763
Fair Value	32,392	9,789

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​​By reading this Post, you are agreeing to

the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG