Market Data

Monday, September 19, 2022

The Sensex Outlook for 20-09-2022

The markets bounced back smartly from the day lows but face significant headwinds/resistance at ~17650/41100.

 

The targets of ~18264/42000 are still intact but the markets need to comfortably cross the above resistance levels before the pace of the rally quickens.

 

The outlook remains bullish till the markets hold 17488/40647 – keep a closing SL here.

 

20 Sep 22

Index

Sensex

Nifty

BankNifty

S2

                  58,969

           17,571

                 40,647

S1

                  59,014

           17,584

                 40,847

Previous Close

             59,141.23

      17,622.25

            40,904.40

R1

                  59,278

           17,663

                 41,074

R2

                  59,324

           17,677

                 41,184

 

 


 

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