The Sensex managed to close just at the Closing SL level of 34961 given yesterday and the Nifty marginally lower than its SL level of 10321.The markets bounced bac smartly from key supports yesterday and the near term outlook remains unchanged as of now.
Remain long on the markets for a target of ~35700/10500, keeping a CLOSING SL at 34737/10246.
As long as the SL levels are not breached on a closing basis, aggressive traders can remain long for a target of ~37000/10900 as the short term top for the markets.
Date | 30-Jun-20 | |
Index | Sensex | Nifty |
S2 | 34,847 | 10,279 |
S1 | 34,885 | 10,290 |
Previous Close | 34,961.52 | 10,312.40 |
R1 | 34,992 | 10,321 |
R2 | 35,031 | 10,333 |
Fair Value | 32,513 | 9,590 |
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