The markets couldn't sustain much above 36000; we are now at the upper end of the 35600-36000 trading range. If the Sensex does manages to break this range on the
upper side, we could see a short dash towards 36287,36329. However if the Sensex fails to make a convincing upmove above 36000, its back to 35600 on the way to 34400.
Date | 09-Jan-19 | |
Index | Sensex | Nifty |
S2 | 35,937 | 10,789 |
S1 | 35,968 | 10,798 |
Previous Close | 35,980.93 | 10,802.15 |
R1 | 36,037 | 10,819 |
R2 | 36,104 | 10,839 |
Fair Value | 31,735 | 9,527 |