Market Data

Wednesday, August 3, 2022

The Sensex Outlook for 04-08-2022

The markets will consolidate around 17309/37852 with a positive bias - the outlook remains positive above 17067/36476.

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

The BANKNIFTY will continue to outperform.

 

4 Aug 22

Index

Sensex

Nifty

BankNifty

S2

                  58,185

           17,339

                 37,871

S1

                  58,305

           17,375

                 37,917

Previous Close

             58,350.53

      17,388.15

            37,989.25

R1

                  58,416

           17,408

                 38,069

R2

                  58,665

           17,482

                 38,128

 

 

 

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