Nifty May

Hi

Nifty is currently at good range holding above 10700 points. If nifty breaks down below 10615 an immediate correction to 10450-10580 is possible
1) Positive results in Karnataka elections can take nifty above 10800 and 10900
2) Any negative result would effect nifty to take the second leg corrections from 10615


Please keep elections in mind and take two legs in nifty.

Happy trading

Regards
Dinesh