The Sensex Outlook for the Day - 24-04-2018

  

I continue to remain bearish in the extreme near term. The Sensex has had trouble staying above 34470-34500 during the last few days.It is now easier to break the lows (~34300) than to attempt to take on 34500 immediately.

Will look at fresh longs around 34000.

Date	24-Apr-18
Index	Sensex	Nifty
S2	34,404	10,570
S1	34,431	10,578
Previous Close	34,450.77	10,584.70
R1	34,501	10,599
R2	34,543	10,612
Fair Value	30,191	9,275

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