The weakness/downtrend should continue further.
Aggressive traders continue to remain short on the NIFTY with a trailing SL at 41164/12165 (cash levels). Others can stick to cash or adopt a stock-specific approach.
| Index Levels | ||
| Date | 3-Dec-19 | |
| Index | Sensex | Nifty |
| S2 | 40,751 | 12,033 |
| S1 | 40,783 | 12,042 |
| Previous Close | 40,802.17 | 12,048.20 |
| R1 | 40,868 | 12,068 |
| R2 | 40,909 | 12,080 |
| Fair Value | 29,723 | 8,777 |
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