The Sensex Outlook for the Week Starting 08-02-2021

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	8 Feb 21
Index	Sensex	Nifty
S2	50,534	14,866
S1	50,565	14,875
Previous Close	50,731.63	14,924.25
R1	50,762	14,933
R2	50,790	14,941
Fair Value	31,185	9,174

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