Market Data

Wednesday, May 12, 2021

The Sensex Outlook for the Day 12-05-2021

The market faces huge resistance closer to 49275/14885. On the downside, below 49100/14830 - the sell-off will only intensify.
Aggressive traders can continue with their index shorts and conservative traders can stick to stock-specific positions. 
Date12 May 21
IndexSensexNifty
S2 49,100 14,832
S1 49,146 14,846
Previous Close 49,161.81 14,850.75
R1 49,190 14,859
R2 49,275 14,885
Fair Value 33,402 10,090 

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