I continue to stick my neck out and root for fresh / newer highs in the next couple of weeks.
We are already poised at the SL levels given yesterday, so in the extreme near term, its a matter of managing your risk appetite and the capacity to hold on to your longs as the Sensex flirts with the SL levels,supports and the lower ends of the trading-range.
Stick to a mixture of Stocks and Index Calls in your trading portfolio.
Date | 06-Jun-18 | |
Index | Sensex | Nifty |
S2 | 34,650 | 10,516 |
S1 | 34,785 | 10,557 |
Previous Close | 34,903.21 | 10,593.15 |
R1 | 34,920 | 10,598 |
R2 | 34,939 | 10,604 |
Fair Value | 31,644 | 9,604 |
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