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Nifty View
By showing pullback of more than 150 points on Tuesday, Nifty respected the bullish hammer candlestick pattern formed on August 5. Until and unless the low of 10,782, registered on August 5, is breached, traders should remain hopeful for the extension of pullback. Immediate Resistance is seen at 11,080 levels followed by 200-DMA placed at 11,158.
BUY ICICI BANK (Rs 410)
TARGET: Rs.425
STOP-LOSS: Rs. 398
TARGET: Rs.425
STOP-LOSS: Rs. 398
The stock has partially filled the gap which was formed on May 20, 2019. Gap usually acts as a reversal points and we should not rule out the possibility of pullback in the
