Thursday, January 7, 2016

The Sensex Outlook for the Day - 07-01-2016


On the back of negative global news flow, the Sensex broke key levels yesterday. With the fresh global cues not looking favorable too, don’t see the markets recovering soon – at least not in the first half of the day. Just trade light for now and wait for signs of the markets stabilizing, even if at lower levels.

Date
07-Jan-16
S2
25,221
S1
25,358
Sensex Previous Close
                                    25,406.33
R1
25,466
R2
25,489
Sensex Fair Value
27,431



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