The markets are clearly showing signs of fatigue - expecting the bulls to hold on to their fort for a day or 2 at the maximum.
Then its correction followed by meltdown, inter-spaced by brief rallies.
Exit longs, finally.
Date | 03-Sep-18 | |
Index | Sensex | Nifty |
S2 | 38,562 | 11,654 |
S1 | 38,572 | 11,657 |
Previous Close | 38,645.07 | 11,680.50 |
R1 | 38,682 | 11,690 |
R2 | 38,739 | 11,707 |
Fair Value | 32,060 | 9,689 |