Nifty Update for May 7 - Inder Bhatia

The Indian market opened on a flat note and saw sharp selling pressure in the afternoon trading session indices close in the negative zone. On the lower side there is good support around 3537 zone. If the Nifty trades below 3616 it would test 3583-3541. On the upper side if Nifty trades above 3671 it would test 3691-3725.