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, while its best to trade light, if you still insist to trade - go with the flow, keeping a SL at 34300 for longs and 34470 for shorts.
The outlook will turn positive only after the Sensex manages to close above and sustain 35405.
| Date | 02-Nov-18 | |
| Index | Sensex | Nifty |
| S2 | 34,303 | 10,342 |
| S1 | 34,341 | 10,353 |
| Previous Close | 34,431.97 | 10,380.45 |
| R1 | 34,440 | 10,383 |
| R2 | 34,472 | 10,393 |
| Fair Value | 32,185 | 9,703 |
