Market Data

Sunday, December 5, 2021

The Sensex Outlook for the Week Starting 06-12-2021

 

Events such as the RBI monetary policy and news flow about the virus and its variants will keep the volatility high and the market participants on tenterhooks.

If the lows (56383/16782/35328) of last Monday are not broken, short to medium term traders are safe.

The near-term targets for the markets are 59107/17617/38223, subject to 57290/17076/35907 not being broken on a closing basis.

 

 

6 Dec 21

Index

Sensex

Nifty

S2

                  57,556

           17,155

S1

                  57,641

           17,181

Previous Close

             57,696.46

      17,196.70

R1

                  57,850

           17,243

R2

                  58,031

           17,297

Fair Value

                  45,556

           13,579

 

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