Market Data

Thursday, April 8, 2021

The Sensex Outlook for the Day 08-04-2021

The levels of 50019/14926 are strong resistances, post which we can see a faster move towards 50931/15198, in the near term.
Aggressive traders can STILL 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.
Date8 Apr 21
IndexSensexNifty
S2 49,513 14,775
S1 49,552 14,786
Previous Close 49,661.76 14,819.05
R1 49,837 14,871
R2 49,900 14,890
Fair Value 30,800 9,191 

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