Tech View: Nifty forms long red candle, uptrend intact above 23,800. How to trade on Friday

  • Posted on February 6, 2025
  • By Business News Today
  • 3 Views
Tech View: Nifty forms long red candle, uptrend intact above 23,800. How to trade on Friday

Tech view: The Nifty's near-term uptrend remains intact despite ongoing weakness, which may find support around 23,500-23,450 levels. A rebound from these lows is expected. A decisive move above 23,800 could trigger another leg of upside momentum in the market. Traders should closely monitor these levels for potential opportunities, said Nagaraj Shetti of HDFC Securities.
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