Friday, April 24, 2020

The Sensex Outlook for the Day - 24-04-2020

There is no change in the outlook from yesterday.
Expect the markets to build on this week's gains. The next targets are a close above 32150/9400.
Continue to remain long on the NIFTY & add to your longs. 
Conservative traders can keep a closing SL at 31100/9100.
Avoid trading in stocks outside the F&O universe and keep SL at the stock level as well as at the Sensex/Nifty level.

Date24-Apr-20
IndexSensexNifty
S2           31,626             9,245
S1           31,702             9,267
Previous Close      31,863.08        9,313.90
R1           31,959             9,342
R2           32,056             9,370
Fair Value           34,276           10,019
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