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.

Date	28 Dec 20
Index	Sensex	Nifty
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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