Market Data

Monday, December 16, 2019

The Sensex Outlook for the Week Starting 16-12-2019

There are only 2 scenarios for the markets as the markets move tantalizingly close to their all-time highs.
The markets will either make new highs right away and correct thereafter or correct without making any new highs - in either scenario, a correction is inevitable. Traders can short the NIFTY as per their risk appetite and MTM capacity. This is definitely not the time for investments.

Index Levels 
S2           40,896           12,053
S1           40,934           12,064
Previous Close      41,009.71      12,086.70
R1           41,056           12,100
R2           41,164           12,132
Fair Value           29,712             8,757
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