The Sensex Outlook for the Day 23-03-2021

There is no change in the near-term outlook for the markets. Keep a trailing SL at 49089/14516 and remain long/add fresh longs for the initial targets of 50352/14890.

Conservative traders can look at stock-specific opportunities or take long trades on the NIFTY with a tight SL and small targets.

Date	23 Mar 21
Index	Sensex	Nifty
S2	49,644	14,699
S1	49,662	14,704
Previous Close	49,771.29	14,736.40
R1	49,800	14,745
R2	49,879	14,768
Fair Value	30,247	8,956

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