The broad range for the markets till the elections next year should be 32500-36500.We're at the top of the range and hence I continue to be bearish on the markets.Hold on to your short positions with a closing SL at 36750/36800.
| Date | 23-Jul-18 | |
| Index | Sensex | Nifty |
| S2 | 36,448 | 10,995 |
| S1 | 36,466 | 11,000 |
| Previous Close | 36,496.37 | 11,010.20 |
| R1 | 36,567 | 11,031 |
| R2 | 36,610 | 11,044 |
| Fair Value | 32,832 | 9,904 |
