Market Data

Sunday, September 5, 2021

The Sensex Outlook for the Week Starting 06-09-2021

The markets have already achieved the Monday targets given here in the last outlook - "we should see 58068/17300 latest by Monday."
Going forward, we could see some consolidation/profit booking before the markets head for 58638/17684.
We move to a short NIFTY & long BANKNIFTY strategy for now.
Support for the day lies at 58000/17285/36596.

6 Sep 21
IndexSensexNifty
S2 58,002 17,285
S1 58,038 17,296
Previous Close 58,129.95 17,323.6
R1 58,195 17,343
R2 58,376 17,397
Fair Value 40,757 12,146 


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