Tech View: Nifty chart shows bearish reversal; what traders should do on Friday

April 4, 2024

Nifty 50 ends 0.4% higher at 22515 points, facing potential bearish reversal. On the daily chart, the index has formed a hanging man pattern, indicating a potential bearish reversal in the short term, said Rupak De, senior technical analyst at LKP Securities.

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