After 51410/15122, the next targets for the markets are 50928/15000.
The bearish outlook will be negated only with a close above 52166/15366 which the bears can keep as a closing SL level.
We continue with our Short the NIFTY + Stock-Specific Longs strategy.
Date | 19 Feb 21 |
Index | Sensex | Nifty |
S2 | 50,089 | 14,755 |
S1 | 51,187 | 15,078 |
Previous Close | 51,324.69 | 15,118.95 |
R1 | 51,451 | 15,156 |
R2 | 51,508 | 15,173 |
Fair Value | 30,135 | 8,877 |