Market Data

Tuesday, December 7, 2021

The Sensex Outlook for the day - 07-December-2021

 

The near-term outlook continues to be volatile, if not more weak at the current levels. Its best to have a short-to-medium term view on the NIFTY/BANKNIFTY or stick to a Stock-Specific approach only.

 

As aggressive traders, we continue to add longs with a closing SL at 56383/16782/35328 (the lows of last Monday)

 

7 Dec 21

Index

Sensex

Nifty

S2

                  56,363

           16,800

S1

                  56,688

           16,896

Previous Close

             56,747.14

      16,912.25

R1

                  57,072

           17,011

R2

                  57,235

           17,059

Fair Value

                  45,600

           13,592

_

If you're on Telegram, you can join us here - https://t.me/RaghavsPicksSensexOutlook

 

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

 

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