The immediate targets for the markets are 51410/15122.Use any opening bounce to short afresh accordingly.
The bearish outlook will be negated only with a close above 52277/15377 which the bears can keep as a closing SL level.
We continue with our Short the NIFTY + Stock-Specific Longs strategy.
Date | 18 Feb 21 |
Index | Sensex | Nifty |
S2 | 51,437 | 15,130 |
S1 | 51,529 | 15,157 |
Previous Close | 51,703.83 | 15,208.90 |
R1 | 51,779 | 15,231 |
R2 | 51,808 | 15,239 |
Fair Value | 30,262 | 8,902 |