By Shrikant Chouhan A stellar rally was witnessed in benchmark indices on Tuesday, with the NSE Nifty 50 ending 446 points up, while BSE Sensex saw a rise of 1,564 points. Technically, after opening the gap, the index successfully cleared the 17525 resistance level and after a breakout, it accelerated the positive momentum. On the daily chart, it has formed a long bullish candlestick structure, which is largely positive. Moreover, the index again successfully crossed the barrier of the 20-day SMA (Simple Moving Average) level and managed to close above the same. The indices rose over 600/2200 points in the …
