A short term/intraday bounce from the current levels cannot be ruled out. Not big enough though for us to cover our shorts. Sticking to stock-specific opportunities is the best strategy for now.
| Index Levels | ||
| Date | 24-Oct-19 | |
| Index | Sensex | Nifty |
| S2 | 39,027 | 11,595 |
| S1 | 39,041 | 11,599 |
| Previous Close | 39,058.83 | 11,604.10 |
| R1 | 39,093 | 11,614 |
| R2 | 39,107 | 11,618 |
| Fair Value | 30,201 | 8,973 |
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