Wednesday, January 20, 2021

The Sensex Outlook for the Day 20-01-2021

Even though we were bearish yesterday and the markets proved us grossly wrong - we continue to remain bearish on the indices.
We have added short positions on the NIFTY towards the close of yesterday's session and will continue to sell into any further rise.

Stock specific long opportunities still exist.

Date20 Jan 21
IndexSensexNifty
S2 49,153 14,449
S1 49,215 14,467
Previous Close 49,398.29 14,521.15
R1 49,426 14,529
R2 49,500 14,551
Fair Value 30,496 8,965 

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