The markets continue to be in a sell on rise/pullback mode. Risk averse traders can lie low for the day and initiate fresh trades from Monday. Others can short the markets / continue to hold on to the shorts at close yesterday.
| Index Levels to Watch & Fair Value | ||
| Date | 12-Jul-19 | |
| Index | Sensex | Nifty |
| S2 | 38,734 | 11,556 |
| S1 | 38,782 | 11,571 |
| Previous Close | 38,823.11 | 11,582.90 |
| R1 | 38,854 | 11,592 |
| R2 | 38,869 | 11,597 |
| Fair Value | 28,722 | 8,569 |
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