Friday, January 16, 2015

The Sensex Outlook for the day - 16-01-2015


The  Sensex Outlook for the day -
Yesterday's surprise rate cut action, has altered the market dynamics.While the undertone has turned positive,a fresh call can be taken only after the Sensex stabilizes between 27900-28200.
 
Date 16-Jan-15
S2 27,793
S1 27,991
Sensex Previous Close                  28,075.55
R1 28,195
R2 28,385
Medium Term Fair Value (6-12 months) 29,881
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