Nifty 50 ( BULLS Vs BEARS) Daily Chart candlestick Analysis

Nifty index opened on a positive note and managed to hold above 10490 zones. It formed a Hanging Man Candle on the daily scale which implies follow up buying is missing at higher levels. However it continued its higher highs formation from last twelve consecutive trading sessions which indicates that bulls are still holding the momentum in the market. BULLS Makes BEARS PULL trend to Upper band
Now, till it holds above 10490 it could extend its gains towards 10590 and then 10630 levels while on the downside supports are seen at 10490 then 10438 level
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