Market Data

Wednesday, January 19, 2022

The Sensex Outlook for 19-January-2022.

The markets corrected yesterday and the SENSEX & the BANKNIFTY came precariously close to the conservative traders SL levels of 60703/38030 while the NIFTY broke its SL of 18127.

 

Going forward, expect some consolidation around the levels of 18100/38200 before resuming the uptrend.

 

Aggressive traders need not worry till the levels of 60487/18063/37845 are not broken on a closing basis.

 

19 Jan 22

Index

Sensex

Nifty

S2

                  60,453

           18,016

S1

                  60,663

           18,086

Previous Close

             60,754.86

      18,113.05

R1

                  61,069

           18,218

R2

                  61,266

           18,281

 

 

 

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