 "technicals")
Nifty View
The Nifty fell for the third consecutive session, to close at 15,732 on Tuesday. From a high of 16,793, made on June 03, the Nifty has registered a fall of more than 1,100 points in the following trading sessions.
On June 14, the Nifty and the Bank Nifty both ended the session with an “Inverted Hammer” candlestick pattern on the daily chart. The bullish implication of this candlestick pattern would be confirmed once we see Nifty surpassing 15,858.
Above 15,858, traders can initiate longs for the target of 16,150, keeping a stop loss at 15,700.
Birla Soft
BUY
Target: Rs
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