Nifty charts lack strength to sustain the highs. What should traders do on Friday

May 18, 2023

Nifty on Thursday formed a lower top formation on intraday charts and also formed a bearish candle on daily charts. This indicates that the market is weak and may not be able to sustain the highs. Chartists said confirmation of strength could be seen only above the key hurdle at the 18473 mark.

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