Tech View: Nifty forms shooting star candle, consolidation likely to continue. How to trade on Friday
- Posted on September 19, 2024
- By Business News Today
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Tech View: Nifty forms shooting star candle, consolidation likely to continue. How to trade on Friday
A small negative candle with a long upper shadow on the daily chart suggests a false breakout above 25,500. This sharp rejection from new highs indicates a potential short-term dip, according to Nagaraj Shetti of HDFC Securities.