If Nifty ends below 6,650; selling pressure to intensify
Read on to know Puneet Kinra, AVP Research (Equity Technical), Bonanza Portfolio views
Jinsy Mathew Mumbai The markets are steadfast this morning, after the gyrations witnessed in the previous session, due to strength in the financial and IT space. The BSE Sensex had swung wildly in a range of about 400 points on Wednesday before ending with marginal losses, to make it four successive days of losses after being on a tear since the rally began in February.
So now with the election result expected on May 16, what are the technical levels to watch on the Nifty and is there any room for further upmove in heavyweights?
Read on to know what Puneet Kinra, AVP Research (Equity Technical), Bonanza Portfolio has to say