Thursday, April 23, 2020

The Sensex Outlook for the Day - 23-04-2020

Expect the markets to build on yesterday's gains. The next targets are a close above 32000/9300.

Continue to remain long on the NIFTY & add to your longs. 
Conservative traders can keep a closing SL at 30800/9000.
Avoid trading in stocks outside the F&O universe and keep SL at the stock level as well as at the Sensex/Nifty level.

Date23-Apr-20
IndexSensexNifty
S2           31,221             9,141
S1           31,313             9,168
Previous Close      31,379.55        9,187.30
R1           31,476             9,216
R2           31,668             9,272
Fair Value           34,594           10,128
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