The markets crashed and stopped just before an important support zone at 35519/10456.The call to short the NIFTY yesterday & day before yesterday has paid off handsomely. Now we can see a rally/bounce back up to 36283/10681. Any move outside the 35519-36283/10456-10681 band will take the markets further in that direction. For the now, it looks to cross 36283, atleast in intraday.
Date | 15-Jul-20 | |
Index | Sensex | Nifty |
S2 | 35,519 | 10,456 |
S1 | 35,877 | 10,562 |
Previous Close | 36,033.06 | 10,607.35 |
R1 | 36,150 | 10,642 |
R2 | 36,208 | 10,659 |
Fair Value | 31,418 | 9,249 |
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