Being a Friday, its best to book your profits/ close positions and wait till Monday to short afresh. For the last 2 days, the markets have been making bullish overtures, even on Wednesday, the Sensex managed to execute a decent bounce from its lows, so it's better to lighten up your shorts for the day/before the weekend.
Expect the markets to move and close within a tight band/range today.
| Index Levels | ||
| Date | 10-Jan-20 | |
| Index | Sensex | Nifty |
| S2 | 41,329 | 12,180 |
| S1 | 41,370 | 12,192 |
| Previous Close | 41,452.35 | 12,215.90 |
| R1 | 41,482 | 12,225 |
| R2 | 41,636 | 12,270 |
| Fair Value | 32,989 | 9,722 |
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