Subscribe To Our Free Newsletter |
Tech View: Nifty50 recoups losses, forms bullish candle to reclaim 18K; what should investors do on Thursday?
The Nifty50 formed a bullish candle for the third consecutive day. Supertrend indicator also triggered buy on September 13, and the Golden Cross was recorded on September 9 on the daily charts.The market closed with cuts despite the pullback from crucial support placed at 17,800. A bounce back from lows suggests that bulls are not ready to give up just yet.