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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