Wednesday, January 14, 2015

The Sensex Outlook for the day - 15-01-2015

The  Sensex Outlook for the day -
There is no hope in the the near-term for a resumption of the uptrend.If the downtrend is not arrested at 27200, then a possible revisit of sub 27000 levels cannot be ruled out.Only aggressive traders can take trading positions between 27000-275000.
Date 15-Jan-15
S2 27,203
S1 27,284
Sensex Previous Close                  27,346.82
R1 27,354
R2 27,513
Medium Term Fair Value (6-12 months) 30,157
Disclaimer and Exclusion of Liability -

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