Thursday, April 30, 2020

The Sensex Outlook for the Day 30-04-2020

With the targets of 32500/9500 taken comfortably, the next targets for the markets are 33500/9800.
Nevertheless, book profits on your NIFTY longs before the long weekend.
Aggressive traders can keep a closing SL at 32400/9450, if they are carrying over their longs to the next week.
Avoid trading in stocks outside the F&O universe and keep SL at the stock level as well as at the Sensex/Nifty level.

Date30-Apr-20
IndexSensexNifty
S2           32,518             9,494
S1           32,596             9,517
Previous Close      32,720.16        9,553.35
R1           32,853             9,592
R2           33,036             9,646
Fair Value           34,364           10,033
Raghav's Picks Trading Range Indicator.png

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