Market Data

Tuesday, November 16, 2021

The Sensex Outlook for the Day 16-11-2021

The market outlook is more or less unchanged from yesterday.
The next leg of the rally will come above 60990/18190.

BANKNIFTY – the levels to watch are 38356 on the downside & 39274 on the upside.

Have been advising aggressive traders to add longs on every fall, but conservative traders should add more longs only above 18190/39274.

16 Nov 21
S2 60,694 18,101
S1 60,708 18,106
Previous Close 60,718.71 18,109.45
R1 60,784 18,128
R2 60,817 18,138
Fair Value 40,466 12,069 


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