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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