Market Data

Tuesday, August 17, 2021

The Sensex Outlook for the Day 17-08-2021

Yesterday the markets opened weak and went on to make new Highs.
Any opening dip continues to be an opportunity to add aggressively to your long positions - supports for the day lie at 55347/16493/36002.

The short term targets for the markets are 56019/16702, followed by 57067/17005

The above targets are safe as long as the markets are trading above 53284/15878/34956.
Conservative traders can keep their SL at these levels.

17 Aug 21
S2 55,481 16,533
S1 55,534 16,549
Previous Close 55,582.58 16,563.05
R1 55,681 16,592
R2 55,879 16,652
Fair Value 39,047 11,636 


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