The NIFTY and the SENSEX continue to remain weak whereas the BANKNIFTY is still showing strength. The near-term target for the BANKNIFTY is ~35000 (with a closing SL at 34425) and that should also help the NIFTY to keep its head above 16000
Stick to only stock specific trades for now.
12 May 22 | ||
Index | Sensex | Nifty |
S2 | 53,888 | 16,107 |
S1 | 54,069 | 16,161 |
Previous Close | 54,088.39 | 16,167.10 |
R1 | 54,599 | 16,320 |
R2 | 54,683 | 16,345 |
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