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Nifty 50 Index
Long
Updated

Nifty outlook 09-May-2019

139
NIFTY
On 09-May Nifty is looking towards consolidation in first couple of hours and recovery thereafter the day. The nifty is at support line. Depending on the global markets set-up and chances soothing trade talks between US and China the said nifty recovery is likely to work for this week.
One can look into IT pack (especially HCLTECH) to go long in case this theme works.

Order cancelled
The global markets bleeding this morning. The pullback has no way to work today.
shindepn
Beyond Technical AnalysisChart PatternsTrend Analysis

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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Beyond Technical AnalysisChart PatternsTrend Analysis
shindepn

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.