Day trading guide: 2 stock recommendations for Monday SECTIONS Last Updated: May 09, 2021, 05:25 PM IST Share Synopsis Nifty Bank continued its underperformance for the consecutive sixth session. The banking index failed to close above 33,000 mark. ET CONTRIBUTORS Metals continued to shine, up ~10 per cent in the week Nifty rallied for the straight third session on Friday. However, the high-low range was confined to 98 points – which is its lowest daily range since 15th February. The appearance of a narrow ranged candle indicates indecisiveness, hence follow-up action needs to be closely watched out as sustenance above 14,800 is essential to unlock upside potential. Nifty Bank continued its underperformance for the consecutive sixth session. The banking index failed to close above 33,000 mark. Metals continued to shine, up ~10 per cent in the week. FMCG index snapped its 3-week losing streak. A positive follow-up action could attract some outperformance. Infrastructure index is holding ground; stock specific rally within this space could continue.