Trade Setup for May 20: Nifty faces a challenge at the 50-DMA in an IT Vs Banks scenario
It is very difficult to give a direction on the Nifty. It is in no man’s land, or in a “neither here, nor there” zone. Yes, there is support emerging at lower levels, but there is no conviction at higher levels as well. The market currently finds itself in a banks Vs IT battle. The…
