The trading range for the markets remains the mostly the same – 16890 to 17517 and 35778 to 36457. The BANKNIFTY needs to build on yesterday’s show of strength by quickly closing above 36457, which could lead to a bigger short-term rally there.
Conservative traders are still better-off sticking to stock-specific opportunities because, the indices will be volatile – while going up as well as while trending lower.
26 Apr 22 | ||
Index | Sensex | Nifty |
S2 | 56,097 | 16,809 |
S1 | 56,357 | 16,887 |
Previous Close | 56,579.89 | 16,953.95 |
R1 | 56,766 | 17,010 |
R2 | 56,876 | 17,043 |
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