Continue to remain with long positions in the NIFTY.
Add aggressive longs at the current levels and on dips till 31280/9170. Keep a closing SL at 31000/9080 for all long positions.
Avoid trading in stocks outside the F&O universe and keep SL at the stock level as well as at the Sensex/Nifty level.
| Date | 6-May-20 | |
| Index | Sensex | Nifty |
| S2 | 31,216 | 9,136 |
| S1 | 31,404 | 9,191 |
| Previous Close | 31,453.51 | 9,205.60 |
| R1 | 31,541 | 9,231 |
| R2 | 31,707 | 9,280 |
| Fair Value | 33,574 | 9,826 |
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