The Sensex Outlook for 27-January-2022.

The region from 58450/17450 to 58700/17530 will be tough nut to crack and the door to 56300/16700 remains open till the markets are below this zone.

 

Aggressive traders can add NIFTY longs with a closing SL below 16837 and 1^st target at 17500.

 

For conservative traders, the NIFTY is in a NO TRADE ZONE till we see a 2-day consecutive close above 58700/17530 – for them, its best to look at stock-specific opportunities from the F&O space.

 

 

	27 Jan 22
Index	Sensex	Nifty
S2	57,188	17,073
S1	57,412	17,141
Previous Close	57,858.15	17,277.95
R1	57,967	17,309
R2	58,414	17,446

 

 

 

 

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