Technical View: Nifty forms bullish candle, 22,000 is the level to watch
Tue, Apr 16, 2024 5:19 PM

Technical View: Nifty forms bullish candle, 22,000 is the level to watch

A Flip by Avya Verma
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The Nifty ended lower for a third straight session on April 16, tracking weakness in global markets as worries over the worsening situation in West Asia weighed on sentiment. After opening lower, the index sank to the day’s low of 22,079. It narrowed the losses later in the session to end 125 points lower at 22,148. It formed a small bullish candlestick with upper and lower shadows.

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