The markets continue to be on a volatile track towards 40900/12000, which would serve as an important milestone for the ultimate targets of 42000/12300 in October expiry.
Any dips till 40300/11830 is an opportunity to add more long positions.
Conservative traders can keep a closing SL at 40330/11830 for their long positions and aggressive traders can keep at 39670/11650.
| Date | 21-Oct-20 | |
| Index | Sensex | Nifty |
| S2 | 40,459 | 11,872 |
| S1 | 40,507 | 11,886 |
| Previous Close | 40,544.37 | 11,896.80 |
| R1 | 40,732 | 11,952 |
| R2 | 41,048 | 12,045 |
| Fair Value | 28,866 | 8,470 |
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