Tech View: Nifty may rally towards 23,500 in short term. What traders should do on Friday

May 23, 2024

Nifty formed a long bull candle on the daily chart on Thursday weekly expiry. Once it breaches 23,000, the index might move towards 23,500 in the short term. Nifty has broken above 22,750 – 22,800 resistance zone and is eyeing the upper end of the rising channel placed at 23,100 – 23,150

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