Expect the bounce from the lows of yesterday to continue.
Aggressive traders can continue to hold/add naked longs on the NIFTY.
Conservative traders can look at stock-specific opportunities or take long trades on the NIFTY with a tight SL and small targets.
Date | 6 Apr 21 |
Index | Sensex | Nifty |
S2 | 48,367 | 14,402 |
S1 | 48,581 | 14,466 |
Previous Close | 49,159.32 | 14,637.80 |
R1 | 49,256 | 14,667 |
R2 | 49,305 | 14,681 |
Fair Value | 30,332 | 9,032 |
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