The Sensex Outlook for the Day 18-02-2021

The immediate targets for the markets are 51410/15122.Use any opening bounce to short afresh accordingly.

The bearish outlook will be negated only with a close above 52277/15377 which the bears can keep as a closing SL level.

We continue with our Short the NIFTY + Stock-Specific Longs strategy.

Date	18 Feb 21
Index	Sensex	Nifty
S2	51,437	15,130
S1	51,529	15,157
Previous Close	51,703.83	15,208.90
R1	51,779	15,231
R2	51,808	15,239
Fair Value	30,262	8,902

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