Tech View: Nifty forms bullish engulfing chart as expiry nears. What traders should do on Wednesday

February 27, 2024

The near-term uptrend status of Nifty remains positive and bullish chart patterns like higher tops and bottoms are also intact. At the same time, the market is not gaining strength to witness an upside breakout of 22,200-22,300 levels decisively.

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Helios Mutual Fund’s CEO, Dinshaw Irani, projects a steady market landscape ahead. He cites underlying economic weaknesses and global tensions as key factors influencing this

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