Now it's only a matter of reaching the market top and jumping from there.
Remain short on the NIFTY (with a SL at 13821) or remain neutral.
We continue to hold stock-specific longs.
Date | 18 Dec 20 |
Index | Sensex | Nifty |
S2 | 46,816 | 13,719 |
S1 | 46,837 | 13,725 |
Previous Close | 46,890.34 | 13,740.70 |
R1 | 46,993 | 13,771 |
R2 | 47,165 | 13,821 |
Fair Value | 29,379 | 8,609 |

--