Thursday, May 31, 2018

The Sensex Outlook for the Day 31-05-2018

  

There isnt really any change in the near term outlook for the markets from yesterday. Yes,I'm expecting some weakness in PSU Banks, so holding a solitary Bank Nifty Put.
One can start continue initiating fresh longs at the current levels and on dips till 34800.
The SL for all current and fresh long positions should be at 34735.

Date31-May-18
IndexSensexNifty
S234,73510,561
S134,88810,607
Previous Close34,906.11 10,614.35
R134,92210,618
R235,00710,644
Fair Value31,3419,529




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