The Sensex Outlook for the Day 29-04-2021

The markets took on the near-term targets of ~49600/14850.

Above the levels of 49222/14712, the next targets for the markets lie at 49880/14910.

Any dip is a reason to add to your longs.

Aggressive traders remain long/keep adding to your long positions at every fall.

Conservative traders can look at stock-specific opportunities or take long trades on the NIFTY with a tight SL and small targets. 

Date	29 Apr 21
Index	Sensex	Nifty
S2	49,471	14,786
S1	49,534	14,805
Previous Close	49,733.84	14,864.55
R1	49,801	14,885
R2	49,878	14,908
Fair Value	31,327	9,363

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