Sunday, January 18, 2015

Sensex Outlook for the week starting 19-01-2015

Sensex Outlook for the week -
The broader market outlook is that of consolidation/stabilization between 27900-28350.
Traders can go long on the markets keeping a stop-loss at 27961 for a ST target of 28328.If the Sensex manages to break the band of 27900-28350, the targets on both sides are 27616 and 28525 respectively.
Date 19-Jan-15
S2 27,961
S1 28,081
Sensex Previous Close                  28,121.89
R1 28,176
R2 28,328
Medium Term Fair Value (6-12 months) 30,024
Disclaimer and Exclusion of Liability -

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