Not expecting a repeat of yesterday's performance or even follow-up buying. Will not be surprised to see a gap-down opening and a flat close to the week.
Aggressive traders can short the Nifty and conservative traders can wait for Monday to initiate fresh trades. We are holding June Puts we brought at the fag-end of yesterday's trading session.
| Date | 01-Jun-18 | |
| Index | Sensex | Nifty |
| S2 | 35,074 | 10,661 |
| S1 | 35,184 | 10,694 |
| Previous Close | 35,322.38 | 10,736.15 |
| R1 | 35,416 | 10,765 |
| R2 | 35,555 | 10,807 |
| Fair Value | 31,359 | 9,532 |
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