Tech View: Nifty reclaims 21 DEMA, forms green candle. What should traders do on Monday?

Indian markets closed higher on Friday, led by pharma and auto stocks. The Nifty ended at 24,131, with a range-bound movement between 23,900-24,400. The 50-DMA and 89-DMA are acting as resistance, while 23,900-24,000 is the support level.

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