The markets did cross the SL levels for short positions. As long as the markets trade above 39490(11800), the trend will remain positive.
However, given that's it's a Friday and the uncertainties are not over anywhere, it's best to trade light/ reduce positions and wait for Monday.
Date | 21-Jun-19 | |
Index | Sensex | Nifty |
S2 | 39,559 | 11,819 |
S1 | 39,582 | 11,826 |
Previous Close | 39,601.63 | 11,831.75 |
R1 | 39,632 | 11,841 |
R2 | 39,809 | 11,891 |
Fair Value | 29,171 | 8,715 |
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