Monday, January 4, 2021

The Sensex Outlook for the Week Starting 04-01-2021

Going into the new week, the trend remains firmly bullish above 47453/13897. 
However, the next major push upwards will come only above 47981/13051. 
Remain long/add to your longs at the current longs and in the range of 47745/13982 - 47895/14026.

Conservative traders keep a SL at 47453/13897 for all longs.

Date4 Jan 21
IndexSensexNifty
S2 47,771 13,990
S1 47,830 14,007
Previous Close 47,868.98 14,018.50
R1 47,895 14,026
R2 47,980 14,051
Fair Value 30,033 8,795 


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