Buy into the opening weakness, the market should give a positive close EoD. Keep a trailing SL at 32394 (32078 if you're an aggressive trader).The opening weakness should complete the downtrend that started at 32600+ levels.
Date | 3-Aug-17 | ||
Index | Sensex | Nifty | |
S2 | 32,394 | 10,056 | |
S1 | 32,469 | 10,079 | |
Previous Close | 32,476.74 | 10,081.50 | |
R1 | 32,519 | 10,095 | |
R2 | 32,622 | 10,126 | |
Fair Value | 27,144 | 8,426 |
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