Sunday, November 8, 2020

The Sensex Outlook for the Week Starting 09-11-2020

The targets of 41700 & 12250 are also done!

While we did add next week's (19NOV2020) NIFTY Puts on Friday afternoon, the next targets for the markets are 42289/12370.

Keep a closing SL at 41340/12127 on all long positions and ride this rally till 42289/12370. 
We will relook at the markets and recalibrate our positions at either 41955/12279 or at 41383/12136.

Date 9 Nov 20
Index Sensex Nifty
S2            41,709            12,210
S1            41,744            12,220
Previous Close       41,893.06       12,263.55
R1            41,955            12,282
R2            42,180            12,347
Fair Value            30,009              8,785


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