Friday, February 14, 2020

The Sensex Outlook for the Day 14-02-2020

The markets continue to falter/correct from higher levels. We have a near term top at ~41700/~12250 from which the markets will only meander sideways/downwards. 
Conservative traders can wait till Monday to initiate fresh shorts.

Index Levels 
Date14-Feb-20
IndexSensexNifty
S2           41,305           12,129
S1           41,414           12,161
Previous Close      41,459.79      12,174.65
R1           41,495           12,185
R2           41,524           12,193
Fair Value           34,439           10,113
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