Market Data

Wednesday, December 8, 2021

The Sensex Outlook for the day - 08-December-2021

The strategy for aggressive longs with a SL below the recent lows is paying off.

In the near term, if the markets are trading above 57000/17000/36000, we are on track for ~58000/17300/37000.

Conservative traders can now look at a mix of stocks and BANKNIFTY (with a closing SL at 16800/35350)

 

8 Dec 21

Index

Sensex

Nifty

S2

                  57,449

           17,177

S1

                  57,511

           17,252

Previous Close

             57,633.65

      17,176.70

R1

                  57,906

           17,252

R2

                  58,029

           17,290

Fair Value

                  45,600

           13,590

_

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.

 

FREE Upstox Demat + Trading account

1000 brokerage credit valid for 30 days#

Up to 20/order on Equity, F&O, Commodity, and Currency

0 brokerage* on Mutual Funds and IPO

https://upstox.com/open-account/?f=N08Y

 

By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at  

http://www.raghavs-picks.com/disclaimer.JPG

 

Subscribe via email

Enter your email address:

Delivered by FeedBurner