The markets are expected to consolidate in the range of 15900-16400/33650-34400 only, as mentioned in this column yesterday.
Only if the adverse global cues of this morning/last night force a close below 15900/33650, it would cause the outlook change from NEUTRAL to NEGATIVE.
The trading strategy remains to be a stock-specific one for now.
19 May 22 | |||
Index | Sensex | Nifty | BankNifty |
S2 | 53,963 | 16,167 | 33,969 |
S1 | 54,131 | 16,217 | 34,135 |
Previous Close | 54,208.53 | 16,240.30 | 34,163.70 |
R1 | 54,278 | 16,261 | 34,318 |
R2 | 54,674 | 16,290 | 34,656 |
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/2022/05/performance-update-18-may-2022-trading.html |
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.com/disclaimer.JPG |
