The underlying trend for the near term is clearly UP with heightened volatility nevertheless.
Use any opening dips to initiate aggressive longs for a target of ~35700/10500, keeping a CLOSING SL at 34961/10321.
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 | 29-Jun-20 | |
| Index | Sensex | Nifty |
| S2 | 35,083 | 10,357 |
| S1 | 35,112 | 10,366 |
| Previous Close | 35,171.27 | 10,383.00 |
| R1 | 35,348 | 10,435 |
| R2 | 35,707 | 10,541 |
| Fair Value | 32,462 | 9,583 |
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