Currently the Sensex is trading inside a range within a range, within a larger bullish undertone.
The immediate trading range for the Sensex is between 27000 and 27300.
I would advise to buy aggressively below 27000 and look to lighten positions above 27300-27400.
The bullish undertone would come under threat only with a close below 26800; at the same time, we could see a short term market top between 27500-28000. This is a traders market and the levels are the traders' best friends.
Sensex Previous Close
Sensex Fair Value
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