Tuesday’s market action signal a formation of spinning top-type candle at the high, said Nagaraj Shetti of HDFC Securities, who said such a formation after a reasonable upmove or at the hurdle could be considered as a reversal pattern post confirmation.
A break above 18600 could take Nifty to fresh highs: Kunal Shah
Analysts anticipate that bulls will regain control in the Indian equity markets once the Nifty index breaks above 18,600 on a closing basis. The breakthrough