As long as the stock is above the same, the uptrend wave is likely to continue. Above this, it could move up to Rs 3,900-4,000. Traders may prefer to exit from the trading long positions on a close below Rs 3,550.
Tech View: Nifty closes above 50 DEMA, eyes 24,400 level. How to trade on Friday
Nifty’s short-term trend remains bullish, with the index expected to approach the next resistance level at 24,400. Any pullbacks are likely to find support near