Sensex, Nifty: Don't worry about volatility; crucial supports are intact

Markets have been volatile since the past few sessions with the S&P BSE Sensex giving up the 52,000 levels after a record run since March 2020 low. On the National Stock Exchange (NSE), the Nifty50, too, has been finding it tough to hold on to 15,000 levels.

Is there a reason to panic after the sharp surge in the markets since their March 2020 low? Should you exit? Here's what charts say.

S&P BSE SENSEX:  The overall trend remains bullish above the closing basis support 51,000 levels. Going forward, a sustained move above the immediate support of 51,500