The action in the SENSEX & NIFTY was on expected lines, only BANKNIFTY has been a big let-down yesterday. Till the time 34200_34500 is taken out comfortably on the BANKNIFTY – don’t expect any sort of stability/ short-term bottom in the markets.
Stick to only stock specific trades for Monday and beyond.
13 May 22 | ||
Index | Sensex | Nifty |
S2 | 52,286 | 15,616 |
S1 | 52,702 | 15,740 |
Previous Close | 52,930.31 | 15,808.00 |
R1 | 53,088 | 15,855 |
R2 | 53,483 | 15,973 |
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