Market Data

Friday, August 13, 2021

The Sensex Outlook for the Day 13-08-2021

The SENSEX & NIFTY have done my closing targets of 54605 & 16365. Now waiting for 55055/16430. The short term targets for the markets are 55917/16684.
BANKNIFTY has a lot of catching up to do - one can add BNF longs for the targets of 36750-37300.
Any dip continues to be an opportunity to add aggressively to your long positions. 
The above targets are safe as long as the markets are trading above 52976/15813/34956.
Conservative traders can keep their SL at these levels.

13 Aug 21
S2 54,752 16,337
S1 54,804 16,353
Previous Close 54,843.98 16,364.40
R1 54,874 16,373
R2 55,057 16,430
Fair Value 38,715 11,552 


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