While there is no change in the short term outlook from yesterday, expecting a small bounce later in the day. Traders can well play the markets both ways today.
My bearish outlook will remain in place as long as the markets trade below 41700/12275 and will be negated with a sustained close above 41985/12357.
| Index Levels | ||
| Date | 28-Jan-20 | |
| Index | Sensex | Nifty |
| S2 | 41,059 | 12,091 |
| S1 | 41,133 | 12,112 |
| Previous Close | 41,155.12 | 12,119.00 |
| R1 | 41,166 | 12,122 |
| R2 | 41,265 | 12,151 |
| Fair Value | 34,038 | 10,023 |
--
By reading this, you are agreeing to the Disclaimer and Exclusion of Liability at http://www.raghavs-picks.
