The near term targets of ~35700/10500 have been achieved, but the markets are still having the momentum to take a shot at ~37000/10900 in the coming days.
Since we had exited all NIFTY long positions yesterday, we will re-enter NIFTY longs today or on Monday for the above targets keeping a closing SL at 35110/10335.
The stock-specific longs we continue to carry are not dependant on the NIFTY.
| Date | 03-Jul-20 | |
| Index | Sensex | Nifty |
| S2 | 35,701 | 10,510 |
| S1 | 35,818 | 10,544 |
| Previous Close | 35,843.70 | 10,551.70 |
| R1 | 35,929 | 10,577 |
| R2 | 36,173 | 10,649 |
| Fair Value | 31,604 | 9,304 |
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