There is no change in the outlook for the markets from yesterday.
Even though the cues for the NIFTY look bullish, the outlook for the week/February expiry remains downwards only.
Remain short on the NIFTY and look at stock-specific long positions.
Date | 16 Feb 21 |
Index | Sensex | Nifty |
S2 | 51,886 | 15,236 |
S1 | 52,092 | 15,297 |
Previous Close | 52,154.13 | 15,314.70 |
R1 | 52,236 | 15,339 |
R2 | 52,451 | 15,402 |
Fair Value | 30,351 | 8,912 |
