The Sensex Outlook for 02-08-2022

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rag...@raghavs-picks.com

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Aug 1, 2022, 1:33:57 PM8/1/22
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The markets maintain a positive outlook above 17049, with the BANKNIFTY leading the pack.

 

From having a mix of hedged NIFTY shorts and stock longs, we are moving towards hedged NIFTY shorts with BANKNIFTY longs and stock longs.

 

2 Aug 22

Index

Sensex

Nifty

BankNifty

S2

                  57,568

           17,177

                 37,504

S1

                  57,942

           17,288

                 37,750

Previous Close

             58,115.50

      17,340.05

            37,903.20

R1

                  58,171

           17,357

                 37,940

R2

                  58,531

           17,464

                 38,139

 

 

 

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