Market Data

Sunday, March 20, 2022

The Sensex Outlook for 21-03-2022

Out of the targets given last week, 17206 (NIFTY) was done and 36650 (BANKNIFTY) is pending.

 

Going forward expect the markets to move higher towards 17600/36600_36800 in the coming days.

 

The above positive view will be negated only with a close below 17009/35616 – aggressive traders can keep their stop loss levels here.

 

Conservative traders can keep a closing SL below 17142/36018 and remain long.

 

Any dip is an opportunity to add to your longs.

 

21 Mar 22

Index

Sensex

Nifty

S2

                  57,518

           17,184

S1

                  57,826

           17,276

Previous Close

             57,863.93

      17,287.05

R1

                  58,096

           17,356

R2

                  58,544

           17,490

Fair Value

                  48,370

           14,451

 

 

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