Nifty forms bullish candle. What traders should do next week

Nifty today formed a bullish candle with a longer lower shadow on the daily and weekly scale, which indicates buying interest on declines. Now, it needs to hold above 17,850 zones, for an up move towards 17,950 then 18,081 zones whereas supports are placed at 17,777 and 17,650 zones, said Chandan Taparia of Motilal Oswal.

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