A long bear candle has been formed on the daily chart, indicating a decisive downside breakout of 24,600-24,500 levels. Nifty is currently weakening after forming a new lower top around 25230 levels. Another crucial weekly cluster support around 24,500 is placed on the verge of a downside breakout.
Tech View: Nifty forms red candle, buy on dips advised above 23,270. How to trade on Friday
Tech view: Nifty formed a small red candle with a long upper shadow on the daily chart, signalling selling pressure at higher levels. The 21-Day