The markets are possibly on track to 40700/12000 in the coming days.
Any corrective dip/ profit booking is an opportunity for the bulls to recharge themselves and add fresh longs.
Keep a trailing SL at 39039/11492 for all long positions.
| Date | 08-10-2020 | |
| Index | Sensex | Nifty |
| S2 | 39709 | 11689 |
| S1 | 39778 | 11709 |
| Previous Close | 39878.95 | 11738.85 |
| R1 | 39968 | 11765 |
| R2 | 40099 | 11804 |
| Fair Value | 28660 | 8436 |
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