Market Data

Saturday, January 4, 2020

The Sensex Outlook for the Week Starting 06-01-2020

The weekly change in the markets (-110 points on the Sensex and -19 points on the Nifty) doesn't reflect the fatigue in the markets.
The markets are firmly stuck in the 41000-41700 (12100-12300) range & the Reactions to the geopolitical/global tensions will pull the markets to the lower end of the trading spectrum in the extreme near term.
Traders can play this range & investors should stay away.

   

Index Levels 
Date 6-Jan-20
Index Sensex Nifty
S2            41,413            12,211
S1            41,442            12,220
Previous Close       41,464.61       12,226.65
R1            41,483            12,232
R2            41,519            12,243
Fair Value            33,377              9,842
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