There is no change in the market outlook - in fact it has only worsened since yesterday.
The region around ~38800/11350 remains a strong resistance zone.
Continue to short the NIFTY on every rise.
The first targets on the downside are ~37300/10900.
| Index Levels | ||
| Date | 06-Mar-20 | |
| Index | Sensex | Nifty |
| S2 | 38,412 | 11,252 |
| S1 | 38,450 | 11,263 |
| Previous Close | 38,470.61 | 11,269.00 |
| R1 | 38,501 | 11,278 |
| R2 | 38,582 | 11,302 |
| Fair Value | 34,684 | 10,160 |
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