“The September expiry, especially the second half was dominated by the bears. However, the October series has started on a strong footing. Although the market is not yet out of the woods, the downside looks restricted from the current level. Overall structure shows that the index can witness sideways to positive action & can test 17500 on the upside.”
Tech View: Nifty indicators give positive signals, likely to face resistance at 24,694. How to trade tomorrow
Nifty formed a bullish candle today, closing at a 5-session high after establishing a triple bottom in the 24,073-24,140 range. Indicators signal a bullish short-term