There is no change in the near term outlook from the last 2/3 days. The run-up to a new high for the Nifty from the current levels will not be a smooth one-way path. It makes more sense to stick with stock-specific opportunities rather than wait for the Nifty to make a new life high like the Sensex.
| Index Levels | ||
| Date | 8-Nov-19 | |
| Index | Sensex | Nifty |
| S2 | 40,519 | 11,972 |
| S1 | 40,561 | 11,985 |
| Previous Close | 40,653.74 | 12,012.05 |
| R1 | 40,680 | 12,020 |
| R2 | 41,007 | 12,116 |
| Fair Value | 30,378 | 8,976 |
--
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.
