While I continue to remain neutral on the NIFTY and Bullish on the BANKNIFTY - it makes sense to book profits for the weekend.
We will take fresh positions for the targets of 18000+/38000+ next week.
Support for the day lies at 58340/17390/36778.
The BANKNIFTY uptrend will be under threat only with a close below 36261.
| 17 Sep 21 |
Index | Sensex | Nifty |
S2 | 58,952 | 17,573 |
S1 | 59,002 | 17,588 |
Previous Close | 59,141.16 | 17,629.50 |
R1 | 59,204 | 17,648 |
R2 | 59,436 | 17,717 |
Fair Value | 40,733 | 12,142 |

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