The markets continue to trade below the key resistance levels of 50020/14956 - however, it's a matter of time before they are decisively broken/taken out.
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 | 9 Apr 21 |
Index | Sensex | Nifty |
S2 | 49,582 | 14,825 |
S1 | 49,718 | 14,865 |
Previous Close | 49,746.21 | 14,873.80 |
R1 | 49,815 | 14,894 |
R2 | 49,867 | 14,910 |
Fair Value | 30,892 | 9,237 |
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