A small bounce from the current levels cannot be ruled out - however difficult to see the resumption of the rally anytime soon.
Its better to stick to stock specific opportunities, rather than long or short the Nifty.
| Date |
6-Mar-18
| |
| Index | Sensex | Nifty |
| S2 | 33,364 | 10,241 |
| S1 | 33,700 | 10,345 |
| Previous Close | 33,746.78 | 10,358.85 |
| R1 | 33,915 | 10,411 |
| R2 | 33,993 | 10,434 |
| Fair Value | 29,732 | 9,126 |
