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

--

By reading this message, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG   

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

​

-- 

By reading this Post, you are agreeing to

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

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

​​

​

​

-- 

By reading this Post, you are agreeing to

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