Friday, January 4, 2019

The Sensex Outlook for the Day 04-01-2019

The trend continues to be downward - we might see a small bounce for the day, but that wont change the near term outlook.
We are on track for a short term target of ~34400. 
Keep a SL at 35700 for your short positions and the outlook will turn positive only with a close above 36600.

Date04-Jan-19
IndexSensexNifty
S235,36710,627
S135,47610,660
Previous Close  35,513.7110,672.25
R135,63110,706
R235,66310,716
Fair Value31,8389,567

GenerateChart (1).pngGenerateChart.png
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