The Sensex Outlook for 16-08-2022

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rag...@raghavs-picks.com

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Aug 15, 2022, 10:26:41 PM8/15/22
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The BANKNIFTY has kept the NIFTY buoyant too. But our primary trading theme continues to be a Stock Specific one.

Will hedge the NIFTY shorts but not give up on them right away.

16 Aug 22

Index

Sensex

Nifty

BankNifty

S2

                  59,336

           17,660

                 38,740

S1

                  59,371

           17,671

                 38,957

Previous Close

             59,462.78

      17,698.15

            39,042.30

R1

                  59,538

           17,721

                 39,089

R2

                  59,687

           17,765

                 39,240

Fair Value

                  55,649

           16,563

 Not Calculated

 

 

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