There is no change in the near-term outlook for the markets.
Expect the markets to consolidate around 51000/15000 before drifting lower.
It makes sense to short the NIFTY and look at stock-specific long positions.
Date | 9 Feb 21 |
Index | Sensex | Nifty |
S2 | 51,147 | 15,056 |
S1 | 51,335 | 15,112 |
Previous Close | 51,348.77 | 15,115.80 |
R1 | 51,523 | 15,167 |
R2 | 51,637 | 15,201 |
Fair Value | 30,371 | 8,940 |
