Thursday, May 3, 2018

The Sensex Outlook for the Day - 03-05-2018

  


As expected the Sensex couldn't close above 35213 even after trading high for most of the day yesterday.
The cautious outlook on the Index continues.
Stick to stock - specific opportunities only & short the Nifty afresh.

Date 3-May-18
Index Sensex Nifty
S2 34,940 10,646
S1 35,102 10,695
Previous Close                       35,176.42 10,718.05
R1 35,202 10,726
R2 35,212 10,729
Fair Value 30,493 9,291

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