The markets moved closer to the targets of ~36972/10887 given yesterday.Conservative traders can now begin to unwind their NIFTY longs and move to cash/stock specific longs. This is not the time to short the NIFTY yet, just begin to unwind NIFTY longs. We continue to hold stock-specific longs. Keep a closing SL at 35940/10600 for all market-wide long positions.
| Date | 07-Jul-20 | |
| Index | Sensex | Nifty |
| S2 | 36,332 | 10,718 |
| S1 | 36,458 | 10,755 |
| Previous Close | 36,487.28 | 10,763.65 |
| R1 | 36,574 | 10,789 |
| R2 | 36,688 | 10,823 |
| Fair Value | 31,352 | 9,249 |
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