NIFTY At Crucial levels - This week is important directionally

٥ مايو ٢٠٢٠

NIFTY does not have any local triggers and direction is based on global cues. Nifty pull back from yesterday which came from the medium-term resistance level has set the trend to be down. It is expected to be range-bound or down subject to news flow till 2nd June. A weekly close below 9250 will push nifty towards 8500.