The 2nd week of 2022 also begins on a promising note.
We can expect to see 60845/18111/38814 in the coming few days, if not within this week itself, followed by 61193/18214.
The "rising OMNICRON" cases are a fleeting worry for the markets but not an alarming one now. Remain long/add to your longs on any dip/fall/profit booking for the above next targets keeping a closing SL at 59080/17615/37138.
If you're a conservative trader, you can look at stock specific opportunities if the NIFTY/BANKNIFTY seem to be too volatile for your comfort.
As an aggressive trader, I would be only worried if the indices broke 58696/17500/36644 on a closing basis.
10 Jan 22 | ||
Index | Sensex | Nifty |
S2 | 59,401 | 17,711 |
S1 | 59,602 | 17,770 |
Previous Close | 59,744.65 | 17,812.70 |
R1 | 59,759 | 17,817 |
R2 | 60,116 | 17,924 |
Fair Value | 44,830 | 13,366 |
If you're on Telegram, you can join us here - https://t.me/RaghavsPicksSensexOutlook |
If you have any interest in unlisted/Pre IPO shares? Would be keen to assist. |
Upstox Demat + Trading account
|
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at |
