19 May 2016

Nifty View for 20-May-2016

Once again entered into a complicated move, hence the price witnessing a Heavy volatile trade along with global news and state election outcome, since BJP made strong landing in Assam. Price made a crucial test on a trend line @ 7770 and must hold else 7740 - 7700 may be testing zone. 

Close below 7729 may be journey towards 7500-7200, OR else 7850-7900-7950 coming soon by next week.