Wednesday, April 15, 2020

The Sensex Outlook for the Day - 15-04-2020

Continue to remain long/ keep adding to your longs at the current levels and on dips. 
The near term targets for the markets are ~32400/9500. Conservative traders can keep a trailing SL at 29880/8750.
Avoid trading in stocks outside the F&O universe and keep SL at the stock level as well as at the Sensex/Nifty level.

Date15-Apr-20
IndexSensexNifty
S2           30,453             8,924
S1           30,581             8,962
Previous Close      30,690.02        8,993.85
R1           30,787             9,022
R2           30,835             9,036
Fair Value           34,492           10,108
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