Market Data

Tuesday, May 17, 2022

The Sensex Outlook for 17-05-2022

The markets are poised at supports – so the downside continues to look limited, from the current levels. However, the levels of 16005/33920 need to be crossed decisively before one can take a neutral view on the markets.

 

Any dip till 15700/33000 is an opportunity to lap up stocks, not take long positions on the indices.

 

17 May 22

Index

Sensex

Nifty

BankNifty

S2

                  52,633

           15,740

                 33,474

S1

                  52,663

           15,749

                 33,525

Previous Close

             52,973.84

      15,842.30

            33,597.60

R1

                  53,012

           15,854

                 33,822

R2

                  53,428

           15,978

                 33,920

 

 

 

 

 

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