Tech view: Nifty forms a Hammer candle; bulls refuse to cede turf

INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Nifty50 on Tuesday extended its gains into fifth consecutive session
The index saw a strong recovery in late trade to end up forming a Hammer candle on daily chart, which suggested that bulls were in no mood
10,777, overall bias may remain positive to rangebound, while a decisive move above 10,985 could start fresh upward move towards 11,176
Reliance Securities. Subash Gangadharan of HDFC Securities believes bulls are under control