The levels of 39400/11700 will be tough to crack, so the next best thing for the markets? Correct from the current levels. The current levels are unsustainable for the markets and a drop to the extent of being called a correction is inevitable. Continue to remain short.
| Index Levels | ||
| Date | 22-Oct-19 | |
| Index | Sensex | Nifty |
| S2 | 39,044 | 11,586 |
| S1 | 39,216 | 11,637 |
| Previous Close | 39,298.38 | 11,661.85 |
| R1 | 39,330 | 11,671 |
| R2 | 39,345 | 11,676 |
| Fair Value | 29,732 | 8,823 |
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