Friday, January 27, 2017

The Sensex Outlook for the Day - 27-01-2017

Its possible to see 27900 very soon. Remain long with a cautious undertone - we don’t want to get caught on the wrong foot, if the market changes its mood anytime soon.
The near term trend will become negative once again below 27500.

Date
27-Jan-17
Index
Sensex

Nifty
S2
27,440

8,519
S1
27,628

8,578
Previous Close
                                    27,708.14

              8,602.75
R1
27,737

8,612
R2
27,900

8,662
Fair Value
26,200

8,135



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