The markets will consolidate around 17309/37852 with a positive bias - the outlook remains positive above 17067/36476.
Our trading positions continue to be a mix of Hedged NIFTY Shorts, BANKNIFTY Longs and Stock Specific Longs.
The BANKNIFTY will continue to outperform.
4 Aug 22 | |||
Index | Sensex | Nifty | BankNifty |
S2 | 58,185 | 17,339 | 37,871 |
S1 | 58,305 | 17,375 | 37,917 |
Previous Close | 58,350.53 | 17,388.15 | 37,989.25 |
R1 | 58,416 | 17,408 | 38,069 |
R2 | 58,665 | 17,482 | 38,128 |
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