With a new nifty high behind us, expect the markets to consolidate before correcting. Stick to stock-specific long trades. Aggressive traders can initiate shorts on the NIFTY.
| Index Levels | ||
| Date | 27-Nov-19 | |
| Index | Sensex | Nifty |
| S2 | 40,661 | 11,991 |
| S1 | 40,690 | 11,999 |
| Previous Close | 40,821.30 | 12,037.70 |
| R1 | 40,884 | 12,056 |
| R2 | 40,902 | 12,061 |
| Fair Value | 29,638 | 8,740 |
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