Market Data

Tuesday, September 22, 2020

The Sensex Outlook for the Day 22-09-2020

Our bearish view on the markets continues to get vindicated. Continue to remain short on the markets for the Short Term Targets of ~36600/10800. These targets will be delayed only if the markets manage to close and stay above 39000/115000 for at least 3 trading days. Till such time, remain short on the NIFTY and add to your shorts on every rise.

We continue hold stock-specific long postions and also added more long positions in the BANKNIFTY.

S2 36,628 10,835
S1 37,939 11,222
Previous Close 38,034.14 11,250.55
R1 38,223 11,306
R2 38,305 11,331
Fair Value 28,545 8,444 


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