Nifty InstaView 06 May’21: Picking Up … Slow & Steady


Nifty View: A slow-paced gain of 101 points from the benchmark Nifty index in today’s trading session. We have been looking at the high of 14,765, above which we expect some buying impetus. And today the index has teased this level and managed a close at 14,780. We should see a swift move towards (14,900-15,000), provided there are no negative surprises at the opening. On the downside, immediate supports to watch out for is at (14,600-14,650). Strategically stay cautiously bullish.     


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