Thursday, January 11, 2018

The Sensex Outlook for the Day 11-01-2018

                         
There is no change in the near term outlook from yesterday - however we can see a mildly positive close today (& tomorrow).
The market rubber band keeps on stretching - how long before it snaps and hits you on your face or finger?
Keep a trailing SL at 34410 (conservative) or at 34290 (aggressive).

Date 11-Jan-18
Index Sensex Nifty
S2 34,361 10,610
S1 34,410 10,625
Previous Close 34,433.07 10,632.20
R1 34,480 10,647
R2 34,523 10,660
Fair Value 27,846 8,598
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