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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