Tech View: Nifty forms bullish reversal pattern. What traders should do?
Fri, Apr 19, 2024 6:36 PM

Tech View: Nifty forms bullish reversal pattern. What traders should do?

A Flip by Riya Sharma
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Nifty on Friday ended 151 points higher after four successive days of decline and formed a bullish reversal pattern on the daily chart.The psychological mark of 22,000 holds intermediate support, followed by strong support of the 21,800-21,700 subzone. On the higher end, the 20-DEMA placed at 22,300, followed by a bearish gap of 22,430-22,500.

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