Market Data

Wednesday, December 29, 2021

The Sensex Outlook for the Day 29-December-2021

Having crossed the levels of 57542/17123 given in this column yesterday, the Bulls are in control. Expect the markets to build on yesterday's gains and move towards 58557/17429 in the near term. Keep a closing SL below 57387/17081 for the above targets.

 

BANKNIFTY has a lot of catching up and overtaking to do.

 

Remain long/add longs on the BANKNIFTY with a closing SL below 34877 and an initial target of 35722.

 

29 Dec 21

Index

Sensex

Nifty

S2

                  57,801

           17,208

S1

                  57,833

           17,217

Previous Close

             57,897.48

      17,233.25

R1

                  57,952

           17,253

R2

                  57,985

           17,262

 

 


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