Wednesday, May 23, 2018

The Sensex Outlook for the Day - 23-05-2018


The Sensex is expected to consolidate with a negative bias in the 34550-34755 band (Yesterday's High - Low) 
It will be easier for the markets to flirt with the supports rather than face the resistances - Continue to remain short on the Nifty and Stock-Specific Longs.

Date 23-May-18
Index Sensex Nifty
S2 34,204 10,400
S1 34,550 10,505
Previous Close                       34,651.24 10,536.70
R1 34,705 10,552
R2 34,755 10,567
Fair Value 30,022 9,128



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