#NIFTY50 Market today shown 300 points rally from the bottom- it started recovering after 12.30 pm - #SBIN recovered 5% from the bottom— this is merely a short covering in the market- only fresh buying will make market cross 16422 — so wait till then— FIIs sold second highest during the month of May — still 3 sessions to go by — market will remain mostly range bound — any event in USA will have effect the sentiments (paper trading)