Tech View: Move above 24,226 may trigger renewed buying participation in Nifty. How to trade on Monday
A long bear candle was formed on the Nifty daily chart that was placed beside the long bull candle of Thursday. Technically, this pattern indicates a profit booking in the market after a stellar rise on Thursday. Nifty is currently placed near the support of 23900 levels, which is halfway to a long bull candle…