Expect the markets to consolidate on yesterday's gains before giving them up. Aggressive traders can look at in-the-money puts for the NIFTY for the current as well as next week expiry.
Index Levels to Watch & Fair Value | ||
Date | 27-Aug-19 | |
Index | Sensex | Nifty |
S2 | 37,230 | 10,980 |
S1 | 37,383 | 11,025 |
Previous Close | 37,494.12 | 11,057.85 |
R1 | 37,544 | 11,073 |
R2 | 37,628 | 11,097 |
Fair Value | 29,733 | 8,769 |
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