Tech view: Nifty short-term downtrend sees reversal, forms Doji-like candle. How to trade on Wednesday

Nagaraj Shetti of HDFC Securities stated that the Nifty’s short-term trend appeared to have reversed upward and was currently at the crucial resistance level of 25,200. He suggested that a decisive move above this level could potentially open the door for further gains towards new all-time highs. He also identified the immediate support level for the Nifty at 24,900.

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