Not expecting the markets to sustain yesterday's gains. In anycase, lighten your positions before the long weekend and the truncated trading week ahead.The near term trading range for the Sensex is 37000-37400.
| Index Levels to Watch & Fair Value | ||
| Date | 9-Aug-19 | |
| Index | Sensex | Nifty |
| S2 | 37,226 | 11,002 |
| S1 | 37,251 | 11,010 |
| Previous Close | 37,327.36 | 11,032.45 |
| R1 | 37,405 | 11,056 |
| R2 | 37,753 | 11,158 |
| Fair Value | 29,864 | 8,827 |
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