Thursday, January 5, 2017

The Sensex Outlook for the Day - 06-01-2017


Just a 0.92% rise can change the market night into day! With 26800 conquered, there is fresh hope for the bulls. Don’t book profits right away, thinking that it’s a Friday, but wait for the next week to add on to your long positions. The outlook remains positive as long as the Sensex trades above 26738 (for conservative traders) or 26611 (for aggressive traders).

Date
6-Jan-17
Index
Sensex

Nifty
S2
26,788

8,246
S1
26,845

8,263
Previous Close
                                    26,878.24

              8,273.80
R1
26,917

8,286
R2
26,997

8,310
Fair Value
26,015

8,008


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