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Trade Setup for May 11: Nifty stuck in a range but broader markers see decisive moves – CNBC TV18

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Trade Setup for May 11: Nifty stuck in a range but broader markers see decisive moves – CNBC TV18

If the Nifty sustains below 24,200 on Monday, it could see further correction towards the 24,050-24,000 zone, while a move back above 24,200 may trigger a recovery towards 24,350-24,400, analysts believe.The benchmark Nifty 50 index opened with a gap-down on Friday and traded within a narrow range of 24,254 to 24,127 through the session before settling at 24,176, down 0.62%.…

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