The consistently bullish outlook presented in this column since last ~Friday is getting vindicated.
The markets did manage to sustain above the resistance levels of 35200/10400, paving the way for further upsides.
Continue to remain long on the markets for a target of ~35700/10500, keeping a CLOSING SL at 34946/10292.
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 | 02-Jul-20 | |
| Index | Sensex | Nifty |
| S2 | 35,197 | 10,366 |
| S1 | 35,248 | 10,381 |
| Previous Close | 35,414.45 | 10,430.05 |
| R1 | 35,467 | 10,446 |
| R2 | 35,707 | 10,516 |
| Fair Value | 31,926 | 9,403 |
--
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.
