Notwithstanding the current cues from Singapore Nifty,I'm expecting the markets to come off substantially from their lows on a weekly basis.
Book profits in your short positions and wait for Monday for the next round of weakness.
| Index Levels | ||
| Date | 24-Jan-20 | |
| Index | Sensex | Nifty |
| S2 | 41,300 | 12,155 |
| S1 | 41,339 | 12,166 |
| Previous Close | 41,386.40 | 12,180.35 |
| R1 | 41,406 | 12,186 |
| R2 | 41,456 | 12,201 |
| Fair Value | 33,905 | 9,979 |
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