The Sensex managed to cross the 1st target of 52503 whereas the NIFTY closed comfortably above its target of 15760.
The next targets for the markets are now updated to 52762/15886 followed by 53197/15961 and, 53430/16050.
Expect this rally to now top out at 53671/16159.
Aggressive 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 52138/15698.
Date | 14 Jun 21 |
Index | Sensex | Nifty |
S2 | 52,389 | 15,774 |
S1 | 52,417 | 15,782 |
Previous Close | 52,474.76 | 15,799.35 |
R1 | 52,515 | 15,812 |
R2 | 52,642 | 15,850 |
Fair Value | 34,530 | 10,396 |
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