Market Data

Tuesday, December 17, 2019

The Sensex Outlook for the Day 17-12-2019

The Sensex made a new high yesterday, but not the Nifty. It is another matter that the Sensex closed almost ~250 points lower from the new high.
The near term outlook remains the same as yesterday. Traders can short the NIFTY as per their risk appetite and MTM capacity.
Index Levels 
S2           40,736           11,994
S1           40,843           12,026
Previous Close      40,938.72      12,053.95
R1           40,962           12,061
R2           40,984           12,067
Fair Value           29,807             8,776
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