Market Data

Wednesday, December 9, 2020

The Sensex Outlook for the Day 09-12-2020

The markets took out the targets of 45670/13430, given yesterday, on an intraday basis. 
With no signs of the rally ebbing - continue to remain long / add longs on dips for the subsequent targets of 45911/13482
The market outlook will turn negative only with a close below 44189/12976So keep your SL at these levels only.
We will continue with a stock-specific long approach.
Date 9 Dec 20
Index Sensex Nifty
S2            45,539            13,372
S1            45,562            13,379
Previous Close       45,608.51       13,392.95
R1            45,742            13,432
R2            46,029            13,516
Fair Value            29,321              8,610


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