The Sensex Outlook for the Day 05-01-2021

As long as the markets are trading above 47686/13989, any dip/fall can be brought for the targets of 48400/14200.

Only below the levels of 47686/13989, we could see aggravated weakness in the near term.

Aggressive traders can keep a SL at 47358/13893 for all long positions.

Date	5 Jan 21
Index	Sensex	Nifty
S2	47,997	14,080
S1	48,074	14,103
Previous Close	48,176.80	14,132.90
R1	48,220	14,146
R2	48,419	14,204
Fair Value	30,067	8,820

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