Friday, November 6, 2020

The Sensex Outlook for the Day 06-11-2020

The targets of 41240& 12100 are also done!

Above 41300/12100, the markets are in a breakout zone which is yet to be confirmed for the higher targets of 41700/12250.

Increase your SL levels (irrespective of whether you're an aggressive or conservative trader) to 40493/11872. 
It will be better to book profits and lighten positions over the weekend.

Date 6 Nov 20
Index Sensex Nifty
S2            41,201            12,079
S1            41,247            12,093
Previous Close       41,340.16       12,120.30
R1            41,371            12,129
R2            41,371            12,129
Fair Value            29,856              8,753


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