Inspite of a hugely volatile week, the markets managed to gain 703/168 points respectively on the Sensex and the Nifty.
The levels of 40151/11775 are a formidable support zone for the markets for the coming week and the coming month as well.
Whether you're an aggressive trader with a view on 42000/12300 or a conservative trader with a view on 40900/12000 - your SL now stands at 40151/11775.
Going into the expiry week, the NIFTY future needs to cross 11941/11977 for a huge blast into 12000+ territory.
Remain an aggressive buyer at every 15-25 point move on the NIFTY for targets of 12000+ for October expiry.
| Date | 26-Oct-20 | |
| Index | Sensex | Nifty |
| S2 | 40,591 | 11,903 |
| S1 | 40,650 | 11,920 |
| Previous Close | 40,685.50 | 11,930.35 |
| R1 | 40,701 | 11,935 |
| R2 | 40,811 | 11,967 |
| Fair Value | 28,854 | 8,461 |
--
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG
