The markets couldn't sustain the intraday gains yesterday and while we did close the day significantly higher from the day's lows - the market structure continues to remain weak. The markets are very close to resistances and supports are few and far below.Continue to trade the markets on the short side - on an intraday as well as positional basis.
Date | 28-Feb-19 | |
Index | Sensex | Nifty |
S2 | 35,784 | 10,768 |
S1 | 35,809 | 10,776 |
Previous Close | 35,905.43 | 10,806.65 |
R1 | 35,928 | 10,812 |
R2 | 35,972 | 10,825 |
Fair Value | 28,372 | 8,538 |
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