The Sensex marginally crossed the short side Sl of 39063 on Friday, however the bulls need to work harder to wrest the control of the markets decisively.
Expecting a down opening, however any rise or pull-back can be used to initiate fresh shorts.
The SL for short positions for the day will be at 39154.
| Date | 30-Apr-19 | |
| Index | Sensex | Nifty |
| S2 | 38,955 | 11,719 |
| S1 | 38,979 | 11,726 |
| Previous Close | 39,067.33 | 11,754.65 |
| R1 | 39,103 | 11,764 |
| R2 | 39,154 | 11,779 |
| Fair Value | 28,979 | 8,718 |
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