1348: Stock picks of the day: Here is why Concor, NMDC and ICICI Bank are Axis' top buys
On the weekly chart, Nifty has formed a bearish candle with a long lower shadow indicating buying at lower levels.
The index is moving in a higher top and higher bottom formation on the weekly chart indicating positive bias.
The chart pattern suggests if Nifty crosses and sustains above 11,850 then it would witness buying that would lead to a higher target towards 11,970-12,100.
However, if the...
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Jun 24, 2019