The trading range for the markets will narrow down as they attempt to move towards 32000-32500/9350-9500 levels in the coming days.
Continue to remain long on the NIFTY & add to your longs.
Conservative traders can keep a closing SL at 31400/9185.
Avoid trading in stocks outside the F&O universe and keep SL at the stock level as well as at the Sensex/Nifty level.
| Date | 28-Apr-20 | |
| Index | Sensex | Nifty |
| S2 | 31,605 | 9,242 |
| S1 | 31,644 | 9,253 |
| Previous Close | 31,743.08 | 9,282.30 |
| R1 | 31,833 | 9,309 |
| R2 | 31,878 | 9,322 |
| Fair Value | 34,519 | 10,094 |
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