The markets corrected sufficiently on an intraday basis and then roared back to bullish territory - all in a day's work.
After consolidating for 2 days, the markets have broken out again, on the upside.
Going forward - the targets for the markets are 41960/12310.
Aggressive traders keep a SL at 39500/11600 for all long positions & for conservative traders - 40376/11850.
| Date | 15-Oct-20 | |
| Index | Sensex | Nifty |
| S2 | 40,671 | 11,935 |
| S1 | 40,738 | 11,954 |
| Previous Close | 40,794.74 | 11,971.05 |
| R1 | 40,858 | 11,989 |
| R2 | 40,905 | 12,004 |
| Fair Value | 28,543 | 8,376 |
--
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG
