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.

Date	9 Feb 21
Index	Sensex	Nifty
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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