The top seems to be finally in place at 41800. Monday and Tuesday were looking good for a continued rally to 41750/12300, but the markets seem to have given up the momentum just before these levels.
Its the time to short again - in a big way.
| Index Levels | ||
| Date | 26-Dec-19 | |
| Index | Sensex | Nifty |
| S2 | 41,358 | 12,184 |
| S1 | 41,423 | 12,203 |
| Previous Close | 41,461.26 | 12,214.55 |
| R1 | 41,511 | 12,229 |
| R2 | 41,563 | 12,245 |
| Fair Value | 33,212 | 9,784 |
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