The markets did manage a mildly positive close on Friday, as expected by Your's Truly. Going forward, expect the rally to resume soon. Start building longs at current levels and on dips till 30856, for an initial near term target of 31502. It goes without saying that the SL lies at 30856.
Date | 3-Jul-17 | ||
Index | Sensex | Nifty | |
S2 | 30,871 | 9,505 | |
S1 | 30,893 | 9,512 | |
Previous Close | 30,921.61 | 9,520.90 | |
R1 | 30,965 | 9,534 | |
R2 | 31,021 | 9,552 | |
Fair Value | 27,953 | 8,607 |
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