Market Data

Friday, May 28, 2021

The Sensex Outlook for the Day 28-05-2021

The Sensex did my 2nd closing target of 51093 while Nifty closed marginally lower than the target of 15345. 
Now updating the next targets (closing basis) to 51404/15424
This rally should top-out at ~52255/15673 or slightly higher so continue to remain long/ add to your longs/ add fresh longs for these levels. 
Conservative traders can keep a trailing SL at 50892/15271.

Date28 May 21
IndexSensexNifty
S2 51,083 15,328
S1 51,097 15,332
Previous Close 51,115.22 15,337.85
R1 51,283 15,388
R2 51,404 15,424
Fair Value 34,173 10,254 


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