Market Data

Wednesday, May 26, 2021

The Sensex Outlook for the Day 26-05-2021

While the trend remains bullish, the markets are facing immense selling pressure at ~50900/15300 odd levels.
The near-term/expiry targets (closing basis) for the markets continue to be at 50869/15274 followed by 51093/15345
Remain long/ add to your longs/ add fresh longs for these levels. 
Conservative traders can keep a trailing SL at 50260/15095.
Date26 May 21
IndexSensexNifty
S2 50,474 15,159
S1 50,610 15,200
Previous Close 50,637.53 15,208.45
R1 50,691 15,225
R2 50,718 15,233
Fair Value 33,988 10,208 

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