Wednesday, January 6, 2016

The Sensex Outlook for the Day - 06-01-2016

The risk – reward ratio for fresh longs is extremely favorable at the current levels.
I will continue to stick my neck out and advise aggressive longs.
Increase the stop – loss from 25419 given yesterday to 25447.

Date
06-Jan-16
S2
25,381
S1
25,514
Sensex Previous Close
                                    25,580.34
R1
25,620
R2
25,706
Sensex Fair Value
27,345


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