There is no change in the near term outlook, however book some profits in the short positions and short afresh next week.The outlook will turn neutral from bearish only if the markets manage to cross and sustain 36920 (10900).
Index Levels to Watch & Fair Value | ||
Date | 6-Sep-19 | |
Index | Sensex | Nifty |
S2 | 36,472 | 10,797 |
S1 | 36,542 | 10,818 |
Previous Close | 36,644.42 | 10,847.90 |
R1 | 36,671 | 10,856 |
R2 | 36,695 | 10,863 |
Fair Value | 29,529 | 8,742 |
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