Market Data

Monday, March 15, 2021

The Sensex Outlook for the Week Starting 15-03-2021

The markets broke a few key levels on either side on Friday, but chose to close substantially lower.
However as long as 50611/14977 is not broken on a closing basis, we are on track for 53000/15700+ levels in the coming days.
On the upside, 50955/15080 is the key resistance for the day. One can add fresh longs above this level, with an intraday SL at 50790/15031.

Date15 Mar 21
S2 50,661 14,992
S1 50,709 15,006
Previous Close 50,792.08 15,030.95
R1 50,885 15,058
R2 50,955 15,079
Fair Value 30,319 8,972 


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