High Probability that Nifty-50 may tumble down to 14,300 from 14,700 levels due to Covid-19 related lockdowns in couple of states in India.

In the current month of May-2021 itself or during quarterly results announcements in July-2021, we are anticipating that Nifty-50 may come to level of 14,300 from 14,700 level.

Second Wave of Covid-19 is relatively more powerful in India when compared with First Wave of Covid-19.

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