Friday, January 15, 2021

The Sensex Outlook for the Day 15-01-2021

The trading range for the markets has narrowed considerably.Dont buy into any dips/weakness now. 
Going forward, the next targets/probable tops for the markets are 49929/14693.
Closer to these levels, one can unwind all long INDEX positions and move into cash/stock-specific longs.
Date15 Jan 21
IndexSensexNifty
S2 49,531 14,580
S1 49,554 14,587
Previous Close 49,584.16 14,595.60
R1 49,664 14,619
R2 49,676 14,623
Fair Value 30,117 8,865 


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