Monday, November 23, 2020

The Sensex Outlook for the Day 24-11-2020

The markets continue to consolidate with a positive bias.

The levels of 43700-43750/12815-12830 are a strong support zone for the markets.
Keep a closing SL at these levels and continue to hold on to your NIFTY longs.

Conservative traders can shift from NIFTY longs to Stock Specific Longs +  NIFTY puts in a staggered manner.
 
Date 24 Nov 20
Index Sensex Nifty
S2            44,009            12,907
S1            44,032            12,913
Previous Close       44,077.15       12,926.45
R1            44,171            12,954
R2            44,271            12,983
Fair Value            29,406              8,624


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