The Sensex Outlook for the Day 29-05-2018

  

While the overall underlying trend remains positive - some profit-booking led correction cannot be ruled out from the current levels before the markets tread higher.

The region around 34918 is a strong support zone for the markets.Any dip till 35000 is a good opportunity to buy. The SL for all current and fresh long positions should be at 34918.

Date	29-May-18
Index	Sensex	Nifty
S2	35,087	10,665
S1	35,138	10,680
Previous Close	35,165.48	10,688.65
R1	35,241	10,712
R2	35,384	10,755
Fair Value	31,286	9,509

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