The markets on track for targets of 47840/14003 before December expiry.
However, this expiry week will be a volatile one, and some caution will not be out of place.
Conservative traders can keep a SL at 46466/13600 for all Nifty/Index longs.
We continue to hold stock-specific longs which will perform irrespective of the NIFTY movement.
Date | 28 Dec 20 |
Index | Sensex | Nifty |
S2 | 46,797 | 13,698 |
S1 | 46,855 | 13,715 |
Previous Close | 46,973.54 | 13,749.25 |
R1 | 47,053 | 13,773 |
R2 | 47,399 | 13,874 |
Fair Value | 30,006 | 8,783 |
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