Tag: bias

[ad_1] New Delhi: Nifty 50 broke a three-day losing streak on Monday as it formed a bullish candle on the daily chart. Analysts said the index may remain in a consolidation range with a positive bias till it breaks the 15,900 level with a decisive upside bias. They see strong support for the index at 15,700 level. Nifty 50’s short term trend remains positive with range movement, says Nagraj Shetty securities. He said the market is now showing signs of attempting a decisive reversal of the crucial 15,900 resistance level…