Monday, December 28, 2020

The Sensex Outlook for the Week Starting 28-12-2020

The markets on track for targets of 47840/14003 before December expiry.
However, this expiry week will be a volatile one, and some caution will not be out of place.
Conservative traders can keep a SL at 46466/13600 for all Nifty/Index longs.
We continue to hold stock-specific longs which will perform irrespective of the NIFTY movement.

Date28 Dec 20
IndexSensexNifty
S2 46,797 13,698
S1 46,855 13,715
Previous Close 46,973.54 13,749.25
R1 47,053 13,773
R2 47,399 13,874
Fair Value 30,006 8,783 


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