Market Data

Friday, April 22, 2022

The Sensex Outlook for 22-04-2022

With the global cues as they are right now (SGX Nifty is down 226 points 17188), the markets are likely to give up yesterday’s gains on opening.

 

However, if the markets manage to close the day and this week at/around/above ~57300/17230/36550, then the trend remains neutral/ that of consolidation.

 

Conservative traders are better-off sticking to stock-specific opportunities or even better – taking the day off.

 

22 Apr 22

Index

Sensex

Nifty

S2

                  57,738

           17,341

S1

                  57,856

           17,376

Previous Close

             57,911.68

      17,392.60

R1

                  57,992

           17,417

R2

                  58,297

           17,508

Fair Value

                  48,848

           14,671

 

 

 

If you're on Telegram, you can join us here - https://t.me/RaghavsPicksSensexOutlook

 

If you haven’t joined my paid calls yet – you can join now - http://blog.raghavs-picks.com/2022/04/performance-of-trading-calls-in-week_16.html

 

 

 

By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at  

http://www.raghavs-picks.com/disclaimer.JPG         

 

Subscribe via email

Enter your email address:

Delivered by FeedBurner