Market Data

Tuesday, February 9, 2021

The Sensex Outlook for the Day 09-02-2021


There is no change in the near-term outlook for the markets.
Expect the markets to consolidate around 51000/15000 before drifting lower.

It makes sense to short the NIFTY and look at stock-specific long positions.

Date9 Feb 21
IndexSensexNifty
S2 51,147 15,056
S1 51,335 15,112
Previous Close 51,348.77 15,115.80
R1 51,523 15,167
R2 51,637 15,201
Fair Value 30,371 8,940 


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