Friday, January 24, 2020

The Sensex Outlook for the Day 24-01-2020

Notwithstanding the current cues from Singapore Nifty,I'm expecting the markets to come off substantially from their lows on a weekly basis.
Book profits in your short positions and wait for Monday for the next round of weakness.
Index Levels 
Date24-Jan-20
IndexSensexNifty
S2           41,300           12,155
S1           41,339           12,166
Previous Close      41,386.40      12,180.35
R1           41,406           12,186
R2           41,456           12,201
Fair Value           33,905             9,979
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