Market Data

Friday, December 3, 2021

The Sensex Outlook for the Day 03-12-2021

As mentioned yesterday, the markets respected the levels of 57345/17066/36161 and even closed above 57939/17243 (only BANKNIFTY did not close above 36675).

Going forward, expect the markets to trade higher only, with the BANKNIFTY catching up and even overtaking the NIFTY.

 

The levels of 57700/17175/35917 are the base camp for the bulls to reach 59388/17677/38223 from.

3 Dec 21

Index

Sensex

Nifty

S2

                  58,181

           17,316

S1

                  58,219

           17,327

Previous Close

             58,461.29

      17,401.65

R1

                  58,514

           17,415

R2

                  58,709

           17,473

Fair Value

                  45,518

           13,547

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