With global cues, continuing to be intolerant towards the bulls, Index trades need to be restrained and hedged. Expecting the markets to remain in a wide range of 57145-58175/17130-17381 with a largely negative bias (for now).
BANKNIFTY remains our favorite above 37330, but we aren't rushing into long trades right away.
21 Feb 22 | ||
Index | Sensex | Nifty |
S2 | 57,832 | 17,203 |
S1 | 57,832 | 17,219 |
Previous Close | 57,832.97 | 17,276.30 |
R1 | 57,892 | 17,292 |
R2 | 58,175 | 17,300 |
Fair Value | 48,403 | 14,459 |
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.
|
Invest in the UTI S&P BSE Low Volatility Index Fund and aim to benefit from investing in low-volatility stocks (top 30 companies with lowest volatility in the last one year (252 trading days) out of the universe of ~190 companies from S&P BSE Largecap Index.)
NFO Closes – 25th February 2022 |
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at |
