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
| |
