Events such as the RBI monetary policy and news flow about the virus and its variants will keep the volatility high and the market participants on tenterhooks.
If the lows (56383/16782/35328) of last Monday are not broken, short to medium term traders are safe.
The near-term targets for the markets are 59107/17617/38223, subject to 57290/17076/35907 not being broken on a closing basis.
6 Dec 21
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