 "Markets, stocks, buy, sell, trading, shares, stock market")
Nifty managed to close in green for 5 out of last 6 sessions. The index has risen 840 odd points from the recent swing low of 16,410. Now, it has reached the crucial resistance of the 50 days EMA and downward sloping trend line on the daily chart. The resistance is seen in the range of 17,250-17,350 for Nifty. Any close above 17,350 would negate the bearish developments on the chart. Support for the Nifty is seen at 17,000.
The stock has broken out from the consolidation,
Stock Recommendations:
Buy Metropolis (3445.35) | Target: Rs 3625 | Stop-loss: Rs 3330
The stock has broken out from the consolidation,
