Market Data

Tuesday, February 1, 2022

The Sensex Outlook for 01-February-2022.

Expecting a Gap-Up opening – use the same to lighten positions before the Budget. While the Budget should / will be Good to Great, expect a volatile day of trade.

 

If the levels of 16837_16700 are intact on a closing basis, the overall view remains positive, but the real uptrend will resume only after sustaining a close above 17520 for atleast 2 trading sessions.

 

1 Feb 22

Index

Sensex

Nifty

S2

                  57,754

           17,266

S1

                  58,002

           17,337

Previous Close

             58,014.17

      17,339.85

R1

                  58,266

           17,412

R2

                  58,517

           17,484

 

 

 

 

 

 

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