Friday, December 13, 2019

The Sensex Outlook for the Day 13-12-2019

A gap-up opening is a given. However, don't expect the markets to sustain higher levels. Will not be surprised that the markets ultimately close the week nearer to 40450/11930 Short the markets on every rise, keeping in mind your individual risk appetite and MTM capacity.

Index Levels 
Date13-Dec-19
IndexSensexNifty
S2           40,491           11,945
S1           40,522           11,954
Previous Close      40,581.71      11,971.80
R1           40,602           11,978
R2           40,631           11,986
Fair Value           29,596             8,731


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