Market Data

Tuesday, August 2, 2022

The Sensex Outlook for 03-08-2022

There is no change in the near term outlook for the markets since yesterday.

The outlook remains positive above 17049, with the BANKNIFTY leading the pack.

 

Our trading positions continue to be a mix of Hedged NIFTY Shorts, BANKNIFTY Longs and Stock Specific Longs.

 

3 Aug 22

Index

Sensex

Nifty

BankNifty

S2

                  58,040

           17,317

                 37,728

S1

                  58,070

           17,326

                 37,945

Previous Close

             58,136.36

      17,345.45

            38,024.00

R1

                  58,328

           17,403

                 38,180

R2

                  58,517

           17,459

                 38,328

 

 

 

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