Range-bound Nifty to support bullish scenario

Technical analysts said Nifty must sustain above 15,700-15,800 levels this week for it to head to 16,000 levels. The index has been moving in a range of 15,450 to 15,950 for the last 42 trading sessions. Nifty ended down 15.4 points, or 0.1%, at 15,763.05. Analysts are bullish on metals and mid-cap IT stocks in the short term.

via Economictimes

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