Market Data

Showing posts with label 36200. Show all posts
Showing posts with label 36200. Show all posts

Sunday, January 27, 2019

The Sensex Outlook for the Week Starting 28-01-2019

The start of the previous week saw the markets falter from ~36500 and higher levels - this was on expected lines. 

Towards the end of the week, the resistance zone shifted to ~36400 levels and now as we stare at the F&O expiry week, the resistance zone has shifted to the 36080-36110 -36200 range. 

The markets are not going past this zone anytime soon.

Traders are better-off initiating aggressive shorts positions with a trailing SL at 36200 for a sub-35800 target in the near term.

Date 28-Jan-19
Index Sensex Nifty
S2 35,953 10,758
S1 35,996 10,771
Previous Close   36,025.54 10,780.55
R1 36,081 10,796
R2 36,110 10,805
Fair Value 31,421 9,402




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Wednesday, July 11, 2018

The Sensex Outlook for the Day 11-07-2018

​​​With little or no-scope for further upside from the current levels, its a matter of time that the markets fall like a house of cards. I erred and missed the rally from ~35600 to 36200+ with no long positions in this range.I continue to hold and add to, Out-of-Money Nifty Puts ​ and will also short​ed​ the NIFTY afresh yesterday​.



Date 11-Jul-18
Index Sensex Nifty
S2 36,138 10,918
S1 36,178 10,930
Previous Close                               36,239.62 10,947.25
R1 36,257 10,954
R2 36,463 11,016
Fair Value 32,216 9,733












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Tuesday, July 10, 2018

The Sensex Outlook for the Day 10-07-2018


​​
​​
​Having consistently taken out resistances and moved ahead, the markets still have a little upside left in them - possibly till ~36200.

Having said that, the underlying outlook still remains EXTREMELY CAUTIOUS ​or 
VERY BEARISH.​We continue to hold and add to,  Out-of-Money Nifty Puts ​ and will also short the NIFTY during the day.

Date 10-Jul-18
Index Sensex Nifty
S2 35,842 10,825
S1 35,897 10,842
Previous Close                               35,934.72 10,852.90
R1 35,956 10,860
R2 36,133 10,913
Fair Value 32,153 9,711

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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 





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