Santa Rally today helped Nifty reclaimed the 18,000 mark as the index formed a long bull candle with a minor upper shadow on the daily chart. Analysts say the pattern indicates counter attack of bulls after sharp weakness.
The overall structure shows that the index will likely witness both side movements in the coming days. Nifty may find support around 17850 followed by 17800 levels while on the upside 18220 may act as an immediate hurdle,…
