Monday, November 16, 2020

The Sensex Outlook for the Day : 17-11-2020

As long as the markets are trading above 43536/12751, the bulls are firmly in control - however, the next boost for the markets will come above 43830/12840. Above these levels, we are on track for 44400/13000 in this week. 

We are not looking at any SL levels for now.

Date 17 Nov 20
Index Sensex Nifty
S2            43,536            12,750
S1            43,573            12,761
Previous Close       43,637.98       12,780.25
R1            43,683            12,794
R2            43,831            12,837
Fair Value            29,746              8,712


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