The bullish outlook of the last few days/weeks continues to get vindicated.
Remain long/add to your longs at every dip.
Barring a few phases of corrections/profit-booking every now and then, the markets are on track for 32200/9500 in the coming days.
Conservative traders can keep a SL at 30960/9120.
Keep your stop loss at the individual stock as well as the market levels.
As I have been repeatedly saying - Avoid stocks outside the F&O universe.
| Date | 28-May-20 | |
| Index | Sensex | Nifty |
| S2 | 31,346 | 9,239 |
| S1 | 31,426 | 9,262 |
| Previous Close | 31,605.22 | 9,314.95 |
| R1 | 31,633 | 9,323 |
| R2 | 31,943 | 9,414 |
| Fair Value | 33,372 | 9,836 |
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