Continue to remain in profit-booking/short NIFTY mode. The levels of 33500/9900 will be a good place to restart longs, mostly from the 2nd half of the day or even Monday.
There are pockets of strength in individual stocks where we continue to hold long positions.
Date | 5-Jun-20 | |
Index | Sensex | Nifty |
S2 | 33,680 | 9,940 |
S1 | 33,805 | 9,977 |
Previous Close | 33,980.70 | 10,029.10 |
R1 | 34,011 | 10,038 |
R2 | 34,222 | 10,100 |
Fair Value | 33,024 | 9,747 |
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