The near term outlook will turn positive only with a close above 36300; which I am not counting on for now. We continue to hold puts.
| 10-Jan-19 | ||
| Index | Sensex | Nifty |
| S2 | 36,109 | 10,824 |
| S1 | 36,136 | 10,832 |
| Previous Close | 36,212.91 | 10,855.15 |
| R1 | 36,251 | 10,866 |
| R2 | 36,483 | 10,936 |
| Fair Value | 31,805 | 9,534 |
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