Market is expected to trade in the broader range of 11500-11800.
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There could be a second round of sell off as 11500 is breached. On the higher side 11800 continues to be a strong resistance.
Some volatility is expected going forward. Market is expected to trade in the broader range of 11500-11800. Bank Nifty has strong resistance at 30,000.
Bank Nifty can see some more profit booking. NBFC space continues to look pretty weak, says Vikas Jain, Sr. Research Analyst, Reliance Securities.First Published on May 8, 2019 01:13 pm
