Technical View: Nifty extends gains for 7th day to form bullish candle, experts say may march towards 15,750
The Nifty50 seems to be in a bull phase as the uptrend extended for the seventh consecutive session, taking the index above the 15,600-mark for the first time on May 31.
Metals, banking & financials, pharma and FMCG stocks helped the market close at a record high. The index formed a bullish candle on the daily charts as the closing was higher than the opening level. Experts expect the Nifty to face resistance around 15,750 in the coming sessions.
“Technically, it formed a strong bullish candle on…
