[ad_1] New Delhi: nifty 50 An ‘inverted hammer’ candle formed on the daily chart on Tuesday, forming around the bottoms at times, as traders remain skeptical about early pullback attempts, analysts said. Analysts said the 15,600-700 level remains a strong support for the index to move further. They are seeing resistance at 16,850 level. Ruchi Jain, Lead Research at 5paisa.com Said momentum readings on the lower time chart have entered oversold territory. Usually the index witnesses a pullback move or consolidation for 1-2 sessions in such oversold set-ups, before resuming…