There is absolutely no change, from yesterday, in the near-term outlook for the markets.
The markets managed to hold 16837_16700 literally by the skin of their teeth.
Aggressive traders can wait till Monday to add NIFTY longs with a closing SL below 16837 and 1st target at 17500.
For conservative traders, the NIFTY is in a NO TRADE ZONE till we see a 2-day consecutive close above 58700/17530 – its best that they look for stock-specific opportunities from the F&O space, from Monday onwards.
28 Jan 22 | ||
Index | Sensex | Nifty |
S2 | 56,984 | 17,025 |
S1 | 57,075 | 17,053 |
Previous Close | 57,276.94 | 17,110.15 |
R1 | 57,509 | 17,183 |
R2 | 57,711 | 17,240 |
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