Market Data

Thursday, November 4, 2021

The Sensex Outlook for the Diwali Mahurat Trading 04-11-2021

Wishing you A Very Happy Diwali and A Prosperous New Year Samvat 2078

 

It is very difficult to take a trading call/market view for a 1-hour trading session with much lower than average volumes (due to an absence of Institutional Activity and mostly token trades).

However, for a short-to-medium term horizon, we can look at the targets of ~65300/19500/42900 as long as we are trading above 56252/16779/36578.


4 Nov 21
IndexSensexNifty
S2 59,552 17,766
S1 59,596 17,779
Previous Close 59,771.92 17,829.20
R1 59,812 17,844
R2 59,846 17,854
Fair Value 42,108 12,562 



 

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