Tech View: Nifty50 forms bearish candle, analysts say 'buy on dips' - Economic Times

Taking that into account, Nifty50 can be expected to trade positive in the next session. In that scenario, the index can initially head to test its 200-day EMA, placed around 16,740 levels.

NEW DELHI: Nifty50 on Wednesday fell for the second day and formed a small bearish candle on the daily chart. The index made a lower high formation, but analysts believe the recent positive momentum … [+2035 chars]

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