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.

Date	4 Jan 21
Index	Sensex	Nifty
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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