Friday, May 18, 2018

The Sensex Outlook for the Day - 18-05-2018

  

Expecting some stability after an initial opening dip; however its best to trade light till for the day or till the Sensex stabilizes above 35250/35275.
A close below 35000 will only exacerbate the current downtrend.  

Date 18-May-18
Index Sensex Nifty
S2 35,031 10,648
S1 35,088 10,665
Previous Close                       35,149.12 10,682.70
R1 35,229 10,708
R2 35,249 10,714
Fair Value 30,362 9,229


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