Market Data

Wednesday, February 12, 2020

The Sensex Outlook for the Day 12-02-2020

Continue to remain short on the NIFTY with a closing SL at 41337/12143.
The near term trend is neutral at the moment, but the bears can make a come-back soon.
The short term trend clearly remains down with targets of ~39578 & ~11638 on the Sensex & the Nifty respectively.

Index Levels 
S2           41,163           12,092
S1           41,206           12,105
Previous Close      41,216.14      12,107.90
R1           41,280           12,127
R2           41,312           12,136
Fair Value           34,317           10,081
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