Monday, January 25, 2021

The Sensex Outlook for the Week Starting 25-01-2021

We enter a truncated trading week with the F&O expiry and the Budget lined up in the next 7 days.

Any bounce back can be easily sold into by aggressive traders.

The markets have decisive supports at 48658/14307 - once they are broken, we will see further downside till 47900/14080.

Date25 Jan 21
IndexSensexNifty
S2 48,658 14,307
S1 48,832 14,358
Previous Close 48,878.54 14,371.90
R1 49,127 14,445
R2 49,202 14,467
Fair Value 30,469 8,959 
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