Market Data

Tuesday, April 5, 2022

The Sensex Outlook for 05-04-2022

 

All 3 targets - 60300/18000/38000 achieved with ease – thanks to my strong BUY of the last many weeks & months – HDFCBANK.

 

Going forward, some bit of consolidation around ~60800/18100 cannot be ruled out, however the trend remains firmly UP for targets of newer All-Time-Highs in the weeks to come.

 

This Bullish view will be negated only if the levels of 58288/17388/37145 are broken on a closing basis.

 

 

5 Apr 22

Index

Sensex

Nifty

S2

                  60,089

           17,898

S1

                  60,406

           17,992

Previous Close

             60,611.74

      18,053.40

R1

                  60,845

           18,123

R2

                  61,347

           18,272

 

 

 

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