Nifty View
The Nifty rose for the second consecutive session, to close at 18,608. After witnessing a correction of more than 540 points from the recent swing high of 18,887, the Nifty has started recovering.
The Nifty has managed to close above its 20-day EMA, which indicates bullish trend. Long positions should be held with the stop-loss of 18,345. Any close above 18,730, would confirm the resumption of an uptrend, which could pull the index towards new all-time high.
BUY
NLC India
Buy Range: Rs 91.4 - 85
Target: Rs 99; Rs 107
Stop Loss: Rs 83
The stock price has surpassed previous top of Rs 90 on