Nifty Update for May 22 - Make or Break Day - Inder Bhatia

HOURLY CHART: The Indian markets closed in the deep red zone. The markets opened on weak note, due to unfavorable global cues. After a gap-down opening, the market was not able to recover, and closed near days lows. For the coming session, 4986 is a strong 200 SMA support. The Nifty was trading near lower trend channel if break more weakness can seen .we can see 2.30 PM factor will crucial for recovery so you can say. It's a make-or-break day.

HOT STOCK: RELCAPITAL