Sunday, January 14, 2018

The Sensex Outlook for the Week Starting 15-01-2018


  
After the so-called Santa & New Year Rally's, its now time for the Pre-Budget Rally. However as we head into uncharted territories, the ride gets dizzying.

Any dips should be used to build small - staggered longs and continue to hold on to your longs too.

The near term market outlook will turn to negative only with a close below 34003.

Keep a SL for all existing & fresh longs below 34510 (conservative) or 34351 (aggressive).

Date15-Jan-18
IndexSensexNifty
S234,52410,660
S134,56310,672
Previous Close 34,592.39 10,681.25
R134,61510,688
R234,63810,695
Fair Value27,6948,551


Devansh @ Raghav's Picks
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