The flat weekly close doesn't reveal the volatile market action on the day to day basis. Going forward into the expiry week, the underlying trend continues to remain weak. Any rise, big or small, can be safely sold into. For the day, keep a SL at 40431/11936 for all short positions.
Index Levels | ||
Date | 25-Nov-19 | |
Index | Sensex | Nifty |
S2 | 40,204 | 11,869 |
S1 | 40,222 | 11,874 |
Previous Close | 40,359.41 | 11,914.40 |
R1 | 40,375 | 11,919 |
R2 | 40,416 | 11,931 |
Fair Value | 29,882 | 8,822 |
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