Thursday, January 19, 2017

The Sensex Outlook for the Day - 19-01-2017

The Sensex faces resistances at just above its current levels.
However as long as the Sensex trades above 27093, the near term outlook continues to be bright & positive.
With the downside looking protected, it’s a matter of time before the resistances are taken out and the Sensex reaches 27555.

Date
19-Jan-17
Index
Sensex

Nifty
S2
27,190

8,396
S1
27,218

8,405
Previous Close
                                    27,257.64

              8,417.00
R1
27,299

8,430
R2
27,380

8,455
Fair Value
26,148

8,074


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