Keep a trailing SL at 38700/11680 for all existing & fresh longs.
The short to medium term outlook continues to be bearish and we will see substantially lower levels in the days/weeks to come.
| Date | 29-Aug-18 | |
| Index | Sensex | Nifty |
| S2 | 38,829 | 11,717 |
| S1 | 38,865 | 11,728 |
| Previous Close | 38,896.63 | 11,738.50 |
| R1 | 38,918 | 11,743 |
| R2 | 39,296 | 11,857 |
| Fair Value | 31,996 | 9,655 |
