Market Data

Tuesday, May 11, 2021

The Sensex Outlook for the Day 11-05-2021

Looks like the day when our short positions of the last 3 trading sessions should begin to pay off.
We are holding NIFTY & BANKNIFTY puts of this week's expiry along with Futures short positions.
Aggressive traders can initiate index shorts and conservative traders can stick to stock-specific positions. 
Date11 May 21
IndexSensexNifty
S2 49,412 14,915
S1 49,495 14,940
Previous Close 49,502.41 14,942.35
R1 49,515 14,946
R2 49,617 14,977
Fair Value 33,289 10,048 

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