Anil Singhvi’s Strategy May 6: Day support zone on Nifty is 14,550-14,600 & Bank Nifty is 32,075-32,275
Amid positive global markets, futures & options (F&O), foreign neutral institutional investors (FIIs), domestic institutional investors (DIIs) and sentiment cues, the short-term trend of the Indian stock markets will be neutral on Thursday, May 6, 2021.
Benchmark indices ended a volatile session with strong gains on Wednesday, May 5, 2021, after the RBI announced measures to tackle the rising second wave of the COVID-19 pandemic.