Friday, November 13, 2020

The Sensex Outlook for the day : 13-11-2020

Wishing You & your Near & Dear Ones, A Very Happy Dhanteras!

After a brief hiatus, the Bulls are back. Expect the markets to regain the upward momentum which could continue well into the Diwali Mahurat trading tomorrow and the truncated trading week next week.

The levels to watch for the day are 43127/12623 on the downside and 43735/12801 on the upside.

Conservative traders can continue to shift to stock-specific longs from NIFTY longs.

Date 13 Nov 20
Index Sensex Nifty
S2            43,206            12,647
S1            43,336            12,685
Previous Close       43,357.19       12,690.80
R1            43,410            12,706
R2            43,523            12,739
Fair Value            29,911              8,755


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