Market Data

Wednesday, May 11, 2022

The Sensex Outlook for 11-05-2022

The NIFTY and the SENSEX are poised at crucial supports whereas the BANKNIFTY is showing strength.  No matter what we open at, NIFTY must regain 16280 and the BANKNIFTY must hold 34438 before we can say that things are settling down.

 

Stick to only stock specific trades for now.

 

11 May 22

Index

Sensex

Nifty

S2

                  53,977

           16,124

S1

                  54,244

           16,204

Previous Close

             54,364.85

      16,240.05

R1

                  54,483

           16,275

R2

                  54,857

           16,387

 

 

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