The next closing targets for the markets are 52503/15760, 53197/15961, and 53430/16050.
The region above 52535/15800 will be a strong resistance zone and some volatile consolidation around these levels cannot be ruled out.
Traders should continue to remain long/ add to your longs/ add fresh longs for the above levels.
Conservative traders can keep a trailing SL at 51782/15575.
Date | 7 Jun 21 |
Index | Sensex | Nifty |
S2 | 52,029 | 15,649 |
S1 | 52,061 | 15,658 |
Previous Close | 52,100.05 | 15,670.25 |
R1 | 52,144 | 15,684 |
R2 | 52,171 | 15,692 |
Fair Value | 35,088 | 10,553 |
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