Market Data

Friday, January 1, 2021

The Sensex Outlook for the Day 01-01-2021

Once Again, Wishing you & your Near'n'Dear Ones, A Very Happy 2021.

The markets did the targets of 47840/14003 yesterday and corrected thereafter. Expect the markets to end this week also in style - closer to 47900/14300.
Conservative traders can book some profits at these levels and re-enter again next week.
The market outlook will turn bearish only with a close below 47355/13865 - keep a SL below these levels for NIFTY longs.
Date1 Jan 21
S2 47,750 13,981
S1 47,750 13,981
Previous Close 47,751.33 13,981.75
R1 47,806 13,998
R2 47,897 14,024
Fair Value 29,957 8,772 


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