As expected, the markets couldn't close above 34400/10175 - leaving the short term field in the hands of the bears.
The NIFTY would give enough buy/sell opportunities to Day Traders. But the real short term move would come only with a close above 34569 (10226) or below 34200 (10115)
We continue to stock-specif long and short positions which will move towards their respective targets in spite of the overall market direction.
| Date | 09-Jun-20 | |
| Index | Sensex | Nifty |
| S2 | 34,213 | 10,121 |
| S1 | 34,343 | 10,159 |
| Previous Close | 34,370.58 | 10,167.45 |
| R1 | 34,503 | 10,207 |
| R2 | 34,548 | 10,220 |
| Fair Value | 33,096 | 9,790 |
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