Market Data

Monday, May 10, 2021

The Sensex Outlook for the Week Starting 10-05-2021

Continue to tread cautiously with the NIFTY & BANKNIFTY. Sustaining the current levels is dicey.
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. 
Date10 May 21
S2 49,057 14,778
S1 49,124 14,798
Previous Close 49,206.47 14,823.15
R1 49,227 14,829
R2 49,418 14,887
Fair Value 33,162 9,990 


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