There is no change in the near-short term outlook for the markets.
One can remain firmly short the markets for sub 40000/ sub 11700 targets; keeping a closing SL at 41097/12117.
| Index Levels | ||
| Date | 8-Jan-20 | |
| Index | Sensex | Nifty |
| S2 | 40,752 | 12,018 |
| S1 | 40,805 | 12,034 |
| Previous Close | 40,869.47 | 12,052.95 |
| R1 | 40,897 | 12,061 |
| R2 | 40,942 | 12,074 |
| Fair Value | 33,207 | 9,793 |
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