After showing a sustainable upside bounce on Thursday, Nifty shifted into an up-move with volatility on Friday. An identical open and close pattern was formed on Friday, which indicates a type of doji pattern at the highs.
Oil settles up over 1% on large draw from US crude stocks
Brent crude futures rose 91 cents, or 1.2%, to settle at $74.17 per barrel. U.S. West Texas Intermediate crude futures rose 98 cents, or 1.4%,