Friday, September 18, 2020

The Sensex Outlook for the Day 18-09-2020

We start Friday with no major expectations from the markets before the weekend.
Expect the SENSEX & NIFTY to consolidate around 39000/11500 with no major fireworks.

We continue to hold stock-specific longs along with NIFTY Puts & BANKNIFTY Calls.
Date 18-Sep-20
Index Sensex Nifty
S2            38,906            11,494
S1            38,926            11,500
Previous Close       38,979.85       11,516.10
R1            39,047            11,536
R2            39,232            11,559
Fair Value            28,546              8,434


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