I expected the markets to bounce-back yesterday only, but it wasnt so. For today, again a bounce back cannot be ruled out, but a clearer picture on the short-term uptrend will be visible only with a close above 32351.The SL for existing longs stands 32124.
| Date | 4-Aug-17 | ||
| Index | Sensex | Nifty | |
| S2 | 32,124 | 9,978 | |
| S1 | 32,195 | 10,000 | |
| Previous Close | 32,237.88 | 10,013.65 | |
| R1 | 32,312 | 10,037 | |
| R2 | 32,351 | 10,049 | |
| Fair Value | 27,133 | 8,428 | |
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