Market Data

Tuesday, November 26, 2019

The Sensex Outlook for the Day 26-11-2019

As much as I'm bearish on the markets or as much as the rally is disconnected from the ground situation, it is now clear that the rally will pause at a new-high for the Nifty only. We should see a gap-up opening to a new-Nifty-high, after which the markets could pause for a breather.

Index Levels 
Date26-Nov-19
IndexSensexNifty
S2           40,738           12,029
S1           40,777           12,040
Previous Close      40,889.23      12,073.75
R1           40,910           12,080
R2           41,166           12,156
Fair Value           29,706             8,772

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