We enter the new week with a blank slate both in the terms of open positions and expectations.
It should not be a surprise if the rally takes a long pause before heading towards 45650/13430 and 45900/13500.
Add longs fresh longs around 44900/13200.
The market outlook will change for the worse, only with a close below 43860/12900.
We will continue with a stock-specific long approach inspite of the NIFTY outlook as above.
| Date | 7 Dec 20 | |
| Index | Sensex | Nifty |
| S2 | 44,944 | 13,219 |
| S1 | 44,965 | 13,225 |
| Previous Close | 45,079.55 | 13,258.55 |
| R1 | 45,148 | 13,279 |
| R2 | 45,423 | 13,360 |
| Fair Value | 29,400 | 8,647 |
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