The Sensex bit off a lot more than it could possibly chew yesterday morning! Now we are left stranded with resistances and previous day High's which if not taken out soon will unleash a fresh downtrend.Aggressively short the markets for substantially lower levels from the current ones.
| Date | 16-May-18 | |
| Index | Sensex | Nifty |
| S2 | 35,440 | 10,769 |
| S1 | 35,498 | 10,786 |
| Previous Close | 35,543.94 | 10,801.85 |
| R1 | 35,678 | 10,841 |
| R2 | 35,744 | 10,861 |
| Fair Value | 30,459 | 9,255 |
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