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Tech View: Nifty forms long-legged Doji candle. What traders should do on Friday
The near-term trend of the market continues to be positive. There is a possibility of Nifty reaching the important resistance of 21,550 levels, which is 78.6% Fibonacci extension (taken from March bottom, Sept top and Oct bottom) in the coming week. Immediate support is placed at 21,050 levels, said Nagaraj Shetti of HDFC Securities