The region till 44200/12985 is a minefield of resistance zones, however, it will be a matter of time before the resistances are systematically taken out.
The market outlook will change for the worse, only with a close below 43600/12800.
On a day to day basis, keep a market level SL at 43950/12910 and targets at 45000/13200 and 45450/13335
Date | 1 Dec 20 | |
Index | Sensex | Nifty |
S2 | 44,050 | 12,940 |
S1 | 44,079 | 12,948 |
Previous Close | 44,149.72 | 12,968.95 |
R1 | 44,168 | 12,974 |
R2 | 44,186 | 12,980 |
Fair Value | 29,416 | 8,641 |
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