While the final targets/top of 43808/12786 are still pending, it is looking that the markets are going to pause for a breath.
Conservative traders book profits in NIFTY long positions & others remain long on the markets keeping a closing SL at 43156/12621.
As mentioned yesterday also, the last leg(s) of this rally will be volatile so trade/keep your positions accordingly.
Continue to shift to stock-specific longs from NIFTY longs.
| Date | 12 Nov 20 | |
| Index | Sensex | Nifty |
| S2 | 43,424 | 12,700 |
| S1 | 43,488 | 12,718 |
| Previous Close | 43,593.67 | 12,749.15 |
| R1 | 43,708 | 12,783 |
| R2 | 44,061 | 12,886 |
| Fair Value | 29,875 | 8,737 |
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