The near-term outlook continues to be volatile, if not more weak at the current levels. Its best to have a short-to-medium term view on the NIFTY/BANKNIFTY or stick to a Stock-Specific approach only.
As aggressive traders, we continue to add longs with a closing SL at 56383/16782/35328 (the lows of last Monday)
7 Dec 21 | ||
Index | Sensex | Nifty |
S2 | 56,363 | 16,800 |
S1 | 56,688 | 16,896 |
Previous Close | 56,747.14 | 16,912.25 |
R1 | 57,072 | 17,011 |
R2 | 57,235 | 17,059 |
Fair Value | 45,600 | 13,592 |
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