Nifty outlook 09-May-2019

NSE:NIFTY   Nifty 50 Index
On 09-May Nifty is looking towards consolidation in first couple of hours and recovery thereafter the day. The nifty is at support line. Depending on the global markets set-up and chances soothing trade talks between US and China the said nifty recovery is likely to work for this week.

One can look into IT pack (especially HCLTECH ) to go long in case this theme works.

May 08
Order cancelled: The global markets bleeding this morning. The pullback has no way to work today.
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