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.
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Date | 8 Feb 21 | |
Index | Sensex | Nifty |
S2 | 50,534 | 14,866 |
S1 | 50,565 | 14,875 |
Previous Close | 50,731.63 | 14,924.25 |
R1 | 50,762 | 14,933 |
R2 | 50,790 | 14,941 |
Fair Value | 31,185 | 9,174 |