Market Data

Monday, April 5, 2021

The Sensex Outlook for Week Starting 05-04-2021

Any dip on opening or during the day, till 49520/14716, is an opportunity to add fresh/aggressive longs.
The overall bullish trend still continues and is not under threat till a close below 49425/14688.
The targets for Mid-April are 53000/15700.
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.
Date5 Apr 21
S2 49,856 14,816
S1 49,892 14,826
Previous Close 50,029.83 14,867.35
R1 50,088 14,885
R2 50,137 14,899
Fair Value 30,344 9,017 


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