Nifty View for Election View

2 Haz

The Exit Polls suggest that the NDA Govt. will be in power again.
Thus, the FIIs that have been shorting their position the entire month of May, will either have to Cover their positions on Monday, or hold their positions with a hope that the Exit Poll results don't become a reality.
Either ways, we'll see huge volatility on either Monday or Tuesday.

Here's our key levels for the week-

Upside Potential between: 23,000 - 23,700

Downside potential between: 21,500 - 22,000


Let me know what you think.