Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on Monday
- Posted on December 27, 2024
- By Business News Today
- 1 Views
Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on Monday
Nifty crossed the 200-Day Simple Moving Average (23,860) but couldnt sustain, forming a Doji candle on the daily chart. The weekly chart shows an inside bar pattern, signaling strong demand near 23,500-23,540, with 23,860 acting as a key resistance.
