but cannot sustain the highs as well. With the mildly positive cues from SGX Nifty and around,
expect a positive opening. However, do not see a sustained rally/ upmove yet.
Its a matter of time before the supports around 37000-36950 break away.
| Index Levels to Watch & Fair Value | ||
| Date | 19-Aug-19 | |
| Index | Sensex | Nifty |
| S2 | 37,256 | 11,020 |
| S1 | 37,300 | 11,033 |
| Previous Close | 37,350.33 | 11,047.80 |
| R1 | 37,399 | 11,062 |
| R2 | 37,444 | 11,076 |
| Fair Value | 29,501 | 8,726 |
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