Market Data

Wednesday, February 16, 2022

The Sensex Outlook for 16-February-2022.

With the Geo-Political tensions easing somewhat, the markets are back in the familiar trading range of 57325-59063/17108-17632. Expect the markets to consolidate with a positive bias as they try to gain a foothold above 58700/17500.

 

Above 37100, the BANKNIFTY holds more promise for a quick target range of ~38700-39400.

 

 

16 Feb 22

Index

Sensex

Nifty

S2

                  57,325

           17,107

S1

                  57,597

           17,189

Previous Close

             58,142.05

      17,352.45

R1

                  58,211

           17,375

R2

                  58,756

           17,539

 

 

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