While the trend remains firmly up, a small corrective dip cannot be ruled out - book some profits before the weekend.
The markets may consolidate between 40000-40300 (11780-11860) before heading towards 40750(12000).
Keep a trailing SL at 39568 (11654) for all long positions.
Date | 9-Oct-20 | |
Index | Sensex | Nifty |
S2 | 40,020 | 11,787 |
S1 | 40,081 | 11,805 |
Previous Close | 40,182.67 | 11,834.60 |
R1 | 40,238 | 11,851 |
R2 | 40,266 | 11,859 |
Fair Value | 28,451 | 8,379 |
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