Tech view: Nifty breaks 25,500 resistance, forms long bull candle. How to trade on Monday

September 20, 2024

Nifty’s short-term trend is strongly bullish after Friday’s significant surge. A brief consolidation or pause is possible before further upward movement. The next upside target, based on Fibonacci extension, is around 26,250. Immediate support is at 25,650, according to Nagaraj Shetti of HDFC Securities.

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