Yesterday's rise was a positive surprise. However my near term target of sub-33292 levels will be negated only if the Sensex manages to close the week above 34290.For the day, go with the flow, keeping a SL at 34400 for longs and 34470 for shorts.
The outlook will turn positive only after the Sensex manages to close above and sustain 35405.
| Date | 01-Nov-18 | |
| Index | Sensex | Nifty |
| S2 | 34,290 | 10,341 |
| S1 | 34,418 | 10,379 |
| Previous Close | 34,442.05 | 10,386.60 |
| R1 | 34,463 | 10,393 |
| R2 | 34,519 | 10,410 |
| Fair Value | 32,282 | 9,735 |
