Nifty needs to hold 9,150 for further up move: Nilesh Jain of Anand Rathi

BUY NIFTY | TARGET: 9,500 | STOP LOSS: 9,150

Nifty continued to make a higher top and higher bottom formation on the daily chart. Now, post completing its up move at 9,900 levels, it has made a bearish candle on the daily chart. Nifty is currently near its previous swing low which is placed at 9,150. So, as long as Nifty holds above this level, we can expect another pullback on the higher side.

BUY BHARTI AIRTEL | TARGET: 560 | STOP LOSS: 510

The stock has provided breakout from its broad consolidation range and made a big bullish candle on the daily