Market Data

Friday, August 27, 2021

The Sensex Outlook for the Day 27-08-2021

Expect the markets to close at All Time High levels today. One may trade light for the day, but don't exit longs right away.
As always, any opening dip is an opportunity to aggressively add to your long positions.
Support for the day lies at 55406/16475/35390.

The short-term (closing) targets for the markets remain unchanged at 56019/16702, followed by 56539/16797 and 57067/17005.
The above targets are safe as long as the markets are trading above 54916/16329/35235.
Conservative traders can keep their SL at these levels.

27 Aug 21
S2 55,764 16,582
S1 55,852 16,608
Previous Close 55,949.10 16,636.90
R1 55,972 16,644
R2 56,111 16,685
Fair Value 40,801 12,132 


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