The Sensex Outlook for the Day 17-12-2020

The levels of 46900/13750 are probable tops for the markets. Remain short on the NIFTY with a closing SL at 13750.

We continue to hold stock-specific longs. 

Date	17 Dec 20
Index	Sensex	Nifty
S2	46,554	13,650
S1	46,591	13,661
Previous Close	46,666.46	13,682.70
R1	46,705	13,694
R2	46,895	13,750
Fair Value	29,350	8,605

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