The Sensex Outlook for the Day 16-02-2021

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

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