Friday, January 22, 2016

The Sensex Outlook for the Day - 22-01-2016

We could again see selling at higher levels, but there is no change in the outlook given yesterday.The time to aggressively go long is here. Trading longs or investment buying – the risk reward ratio favors the bulls.

Date
22-Jan-16
S2
23,705
S1
23,862
Sensex Previous Close
                                    23,962.21
R1
23,983
R2
24,059
Sensex Fair Value
27,369


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