While the markets did pierce the 39530-39740 (11840-11900) trading range on the upside, sustaining 39750/11910 is the key going forward. Aggressive traders can initiate shorts at the current levels and upto 39800/11920 with a SL at 39856/11944. Others, wait for stock-specific opportunities.
Date | 11-Jun-19 | |
Index | Sensex | Nifty |
S2 | 39,728 | 11,906 |
S1 | 39,753 | 11,913 |
Previous Close | 39,784.52 | 11,922.70 |
R1 | 39,795 | 11,926 |
R2 | 39,856 | 11,944 |
Fair Value | 29,180 | 8,745 |
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