The weekly change in the markets (-110 points on the Sensex and -19 points on the Nifty) doesn't reflect the fatigue in the markets.
The markets are firmly stuck in the 41000-41700 (12100-12300) range & the Reactions to the geopolitical/global tensions will pull the markets to the lower end of the trading spectrum in the extreme near term.
Traders can play this range & investors should stay away.
Traders can play this range & investors should stay away.
| Index Levels | ||
| Date | 6-Jan-20 | |
| Index | Sensex | Nifty |
| S2 | 41,413 | 12,211 |
| S1 | 41,442 | 12,220 |
| Previous Close | 41,464.61 | 12,226.65 |
| R1 | 41,483 | 12,232 |
| R2 | 41,519 | 12,243 |
| Fair Value | 33,377 | 9,842 |
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