Market Data

Thursday, December 2, 2021

The Sensex Outlook for the Day 02-12-2021

Above the levels of 57345/17066/36161, the bulls will have an upper hand over volatility.

 

The markets now need to close above 57939/17243/36675, for this rally from the recent lows to gather pace.

 

New variant or not, I continue to stick my neck out and advise aggressive buying at all levels till the recent lows of 56383/16782/35328 hold – however buying should be done only as per your risk appetite and holding capacity.

 

Having a stock specific approach will be a good strategy for now, especially for conservative traders.

 

2 Dec 21

Index

Sensex

Nifty

S2

                  57,347

           17,067

S1

                  57,626

           17,151

Previous Close

             57,684.79

      17,166.90

R1

                  57,847

           17,216

R2

                  57,939

           17,244

Fair Value

                  45,426

           13,520

 

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If you have any interest in unlisted/Pre IPO shares? Would be keen to assist.

 

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