Market Data

Thursday, November 21, 2019

The Sensex Outlook for the Day 21-11-2019

It is humbling as well as a learning experience to be proved wrong by the markets. With a new token high, the Sensex proved me wrong. However, I continue to remain short/neutral on the indices and hold stock-specific longs. There is no change in the short term negative outlook on the indices.
Index Levels 
S2           40,591           11,981
S1           40,634           11,994
Previous Close      40,651.64      11,999.10
R1           40,681           12,008
R2           40,749           12,028
Fair Value           29,841             8,808

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