Market Data

Monday, August 30, 2021

The Sensex Outlook for the Day 31-08-2021

Finally, not only did the BANKNIFTY participate wholeheartedly in the market rally but in fact, was largely the cause for the huge jump. However, if you have been reading this outlook regularly, neither of the rallies would have come as a surprise to you.

The next targets for the markets are 58096/17290 followed by 58311/17354.
The above targets are safe as long as the markets are trading above 55233/16419/35421.
Conservative traders can keep their SL at these levels.

Support for the day lies at 56173/16718/35778.
31 Aug 21
IndexSensexNifty
S2 56,635 16,855
S1 56,719 16,880
Previous Close 56,889.76 16,931.05
R1 56,958 16,951
R2 57,453 17,099
Fair Value 40,587 12,079 




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