There is no change in the market outlook/targets from yesterday.
The markets on track for targets of 47840/14003 before December expiry.
Conservative traders can increase the SL to 46839/13722 for all Nifty/Index longs.
We continue to hold stock-specific longs which will perform irrespective of the NIFTY movement.
Date | 29 Dec 20 |
Index | Sensex | Nifty |
S2 | 47,278 | 13,851 |
S1 | 47,303 | 13,858 |
Previous Close | 47,353.75 | 13,873.20 |
R1 | 47,407 | 13,889 |
R2 | 47,685 | 13,970 |
Fair Value | 30,068 | 8,809 |

--