Market Data

Wednesday, November 20, 2019

The Sensex Outlook for the Day 20-11-2019

Continue to focus on stock-specific long opportunities. As much as the indices want to break-out into a "new-high" zone, there is amply supply at higher levels to ensure that we are not going to see a new-high anytime soon, definitely not in 2019.

Those who are patiently holding their NIFTY short positions will be amply rewarded closer to the November expiry. 
Index Levels 
S2           40,408           11,922
S1           40,435           11,930
Previous Close      40,469.70      11,940.10
R1           40,579           11,972
R2           40,650           11,993
Fair Value           29,970             8,842

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