Market Data

Thursday, April 22, 2021

The Sensex Outlook for the Day 22-04-2021

Yesterday's holiday saved our domestic indices from a lot of covid and lockdown induced global pain.
However - for the day and tomorrow - there is no change in the market outlook from Tuesday - Expect the rise from recent lows to continue to till 48937/14655 at the bare minimum.
Aggressive traders remain long/keep adding to your long positions at falls.
Conservative traders can look at stock-specific opportunities or take long trades on the NIFTY with a tight SL and small targets.  
Date22 Apr 21
IndexSensexNifty
S2 47,363 14,194
S1 47,439 14,216
Previous Close 47,705.80 14,296.40
R1 47,787 14,321
R2 47,832 14,334
Fair Value 30,960 9,278 

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