There is no change in the near term outlook for the markets.Remain long, keep adding to your longs for a ST target of 31502-31556; while keeping a trailing SL at 31133.
In the worst case scenario, the markets will consolidate within a tight - 31150-31350 band in the extreme near term.
| Date | 6-Jul-17 | ||
| Index | Sensex | Nifty | |
| S2 | 31,226 | 9,632 | |
| S1 | 31,236 | 9,635 | |
| Previous Close | 31,245.56 | 9,637.60 | |
| R1 | 31,285 | 9,650 | |
| R2 | 31,299 | 9,654 | |
| Fair Value | 27,890 | 8,603 | |
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