The next targets for the markets are 38299 & 36989 (11432 & 11041). This is not the time for value-hunting or bottom-fishing. Risk-averse traders can stay away for now and others can initiate fresh shorts at every rise/pull-back.
| Index Levels to Watch & Fair Value | ||
| Date | 10-Jul-19 | |
| Index | Sensex | Nifty |
| S2 | 38,458 | 11,474 |
| S1 | 38,660 | 11,535 |
| Previous Close | 38,730.82 | 11,555.90 |
| R1 | 38,828 | 11,585 |
| R2 | 38,988 | 11,633 |
| Fair Value | 28,847 | 8,607 |
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