The markets are not moving anywhere – the Sensex seems to be stuck in a range. However, this can change in an instant and it would change in either direction. The Sensex could make a swift move outside the 26900-27100 band. So better to lighten some positions at the current levels and hold the balance positions with a trailing stop-loss at 26909.
Date
|
9-Jun-16
|
S2
|
26,844
|
S1
|
26,974
|
Sensex Previous Close
|
27,020.66
|
R1
|
27,030
|
R2
|
27,033
|
Sensex Fair Value
|
27,683
|
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