Market Data

Tuesday, November 30, 2021

The Sensex Outlook for the Day 30-11-2021

Till the time, the levels of 57981/17269 are not taken out convincingly, expect the markets to consolidate in the 57090/17000 – 57627/17163 band.

While the downside looks limited, the upside may remain capped due to volatility / news flow regarding the virus and its strains.

The BANKNIFTY needs to cross 36307 and respect yesterday's low of 35328 for any meaningful base formation.

Having a stock specific approach will be a good strategy for now.

 

30 Nov 21

Index

Sensex

Nifty

S2

                  57,090

           17,001

S1

                  57,174

           17,026

Previous Close

             57,260.58

      17,053.95

R1

                  57,627

           17,161

R2

                  57,716

           17,188

Fair Value

                  45,593

           13,577

 

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