Market Data

Friday, April 16, 2021

The Sensex Outlook for the Day 16-04-2021

While the trend continues to be positive - the markets need to convincingly take out 49215/14705 for a booster dose for the bulls.
Aggressive traders remain long/keep adding to your longs.
Conservative traders can look at stock-specific opportunities or take long trades on the NIFTY with a tight SL and small targets.
Date16 Apr 21
IndexSensexNifty
S2 48,567 14,511
S1 48,717 14,556
Previous Close 48,803.68 14,581.45
R1 48,888 14,607
R2 48,914 14,614
Fair Value 30,441 9,095 

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