Thursday, May 24, 2018

The Sensex Outlook for the Day - 24-05-2018


Its difficult to say if a short term bottom is close by, however its a good time to cover your NIFTY shorts for now.From Short the Nifty and stick to stock-specific longs, the new mantra is - Ignore the Nifty and stick to stock-specific longs.

Date 24-May-18
Index Sensex Nifty
S2 34,224 10,393
S1 34,303 10,417
Previous Close                     34,344.91 10,430.35
R1 34,439 10,458
R2 34,482 10,471
Fair Value 31,734 9,637



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