Market Data

Friday, December 31, 2021

The Sensex Outlook for the Day 31-December-2021

Wishing You & Your Loved Ones, A Healthy, Wealthy & A Safe 2022

 

The monthly F&O expiry was a non-event, for the Bulls and the Bears both.

 

While the NIFTY has been consistently failing to sustain higher levels, it will not be very long now that we could see 17300/higher levels – remain long/keep adding to your longs.

 

BANKNIFTY & also FINNIFTY could possibly lead the next up move.

 

Remain long/add longs on the BANKNIFTY with a closing SL below 34965 and an initial target of 35722.

 

31 Dec 21

Index

Sensex

Nifty

S2

                  57,648

           17,167

S1

                  57,730

           17,192

Previous Close

             57,794.32

      17,203.95

R1

                  58,010

           17,275

R2

                  58,138

           17,313

 

 

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