Market Data

Monday, November 22, 2021

The Sensex Outlook for the Week Starting - 22-11-2021

Below the levels of 59877/17837/38436, the markets are in a No-Trade zone for conservative traders and a Hold zone for aggressive traders.

Aggressive traders who are adding/holding longs since the last few days have nothing to worry till the markets are holding 58946/17559/36971.

A stock specific approach is more suited to the current markets where the NIFTY/BANKNIFTY are too wobbly for comfort.

 

22 Nov 21

Index

Sensex

Nifty

S2

                  58,717

           17,491

S1

                  59,377

           17,687

Previous Close

             59,636.01

      17,764.80

R1

                  59,730

           17,793

R2

                  59,777

           17,807

Fair Value

                  45,294

           13,492

 

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