Market Data

Tuesday, August 24, 2021

The Sensex Outlook for the Day 24-08-2021

Expect the trading range for the markets to squeeze considerably.
Support for the day lies at 55256/16407/35058.

The short-term (closing) targets for the markets remain unchanged at 56019/16702, followed by 57067/17005.

We continue to hold/add aggressive longs on the BANKNIFTY.

The above targets are safe as long as the markets are trading above 54246/16108.
Conservative traders can keep their SL at these levels.

24 Aug 21
S2 55,505 16,481
S1 55,526 16,488
Previous Close 55,555.79 16,496.50
R1 55,577 16,503
R2 55,781 16,563
Fair Value 40,731 12,094 


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