Market Data

Monday, September 13, 2021

The Sensex Outlook for the Week Starting 13-09-2021

While the short term target for the markets now stands at 60274/17956/38000, a period of volatile consolidation in the immediate near term cannot be ruled out for the NIFTY.We could see a consolidation move in the range of 57700/17190 - 58420/174300.
Along with Stock specific trades, stick to a NIFTY short and BANKNIFTY long strategy.

The targets of 60274/17956/38000 will be negated only with a close below 56500/16830/35700.

13 Sep 21
S2 58,242 17,350
S1 58,287 17,364
Previous Close 58,305.07 17,369.25
R1 58,335 17,378
R2 58,420 17,404
Fair Value 40,916 12,189 


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