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 
Date21-Nov-19
IndexSensexNifty
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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