The near-term targets of 59114/17628/37132 were comfortably achieved on Friday itself, but this rally has more steam left.
All 3 indices, the SENSEX, NIFTY and the BANKNIFTY are at their respective Break-Out points and can move towards ~60300/18000/38000 in the weeks to come.
If you’re a conservative investor, keep you SL levels at 58371/17400/36564 and at 56710/16905/35612 if you’re aggressive like Yours Truly.
4 Apr 22 | ||
Index | Sensex | Nifty |
S2 | 58,790 | 17,525 |
S1 | 59,041 | 17,600 |
Previous Close | 59,276.69 | 17,670.45 |
R1 | 59,397 | 17,706 |
R2 | 59,688 | 17,793 |
Fair Value | 48,689 | 14,514 |
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