Market Data

Wednesday, December 22, 2021

The Sensex Outlook for the Day 22-December-2021

The markets holding on to the recent lows of 55133/16411/34019 – that is one box ✔️ed.

Then, we closed above 56100/16704, only BANKNIFTY couldn't close above 34866 – that is the next box almost ✔️ed.

Now to cross and close above 56798/16910/35050 for the rally from the recent lows to gather fresh steam/pick up pace.

 

Whether you're a conservative or aggressive in your approach in the markets – you need to maintain a closing SL below the recent lows and remain long/keeping adding longs.

 

22 Dec 21

Index

Sensex

Nifty

S2

                  55,944

           16,661

S1

                  56,047

           16,688

Previous Close

             56,319.01

      16,770.85

R1

                  56,422

           16,799

R2

                  56,474

           16,812

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