All the global as well as domestic and technical cues point to a bounce back. A close above 35606/10693 will strengthen the market setup for further gains next week.
Exit your shorts today, no matter what. Aggressive traders can carry forward longs into the next week.
Date | 07-Dec-18 | |
Index | Sensex | Nifty |
S2 | 34,988 | 10,504 |
S1 | 35,150 | 10,552 |
Previous Close | 35,312.13 | 10,601.15 |
R1 | 35,429 | 10,636 |
R2 | 35,591 | 10,685 |
Fair Value | 31,742 | 9,529 |