Wednesday, January 22, 2020

The Sensex Outlook for the Day 22-01-2020

The trend remains clearly down as long as the markets are trading below 41410/12200. Remain short on the markets with a closing SL at 41410/12200. Only with a sustained close above these levels, the bulls will be able to recover some lost ground.

Index Levels 
Date22-Jan-20
IndexSensexNifty
S2           41,049           12,089
S1           41,294           12,161
Previous Close      41,323.81      12,169.85
R1           41,344           12,176
R2           41,384           12,187
Fair Value           33,905             9,985
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