Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on Monday

December 27, 2024

Nifty crossed the 200-Day Simple Moving Average (23,860) but couldn’t sustain, forming a Doji candle on the daily chart. The weekly chart shows an inside bar pattern, signaling strong demand near 23,500-23,540, with 23,860 acting as a key resistance.

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