Market Data

Wednesday, September 15, 2021

The Sensex Outlook for the Day 15-09-2021

The markets are stuck @ 58480/17450 levels - a decisive breach of this level will pave the way for 60197/17962 in the days to come. 
Failure to cross this level soon, will push the markets towards a painful consolidation phase in the 58000/17300-58380/17400 band, with further downside possible.
 
For now, continue to stick to a NIFTY short and BANKNIFTY long strategy - along with stock specific longs.

The above targets of will be negated only with a close below 56500/16830/35700.

15 Sep 21
IndexSensexNifty
S2 58,097 17,335
S1 58,214 17,370
Previous Close 58,247.09 17,380.00
R1 58,349 17,410
R2 58,483 17,450
Fair Value 40,893 12,202 


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