The markets have supports from 40790 to 40850 (12026-12043).
Aggressive traders continue to remain short on the NIFTY with a trailing SL at 41041/12102 (cash levels).
Others can stick to cash or adopt a stock-specific approach.
| Index Levels | ||
| Date | 5-Dec-19 | |
| Index | Sensex | Nifty |
| S2 | 40,792 | 12,026 |
| S1 | 40,816 | 12,033 |
| Previous Close | 40,850.29 | 12,043.20 |
| R1 | 40,955 | 12,074 |
| R2 | 41,060 | 12,105 |
| Fair Value | 29,731 | 8,765 |
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