Dr. Praveen Dwarakanath, VP of Hedged.in, noted a spinning top candle on the charts. A bullish candle Thursday could confirm an upward move, while a bearish one may signal a drop toward the 24,100 support level.
F&O Talk: Big break above 23,200 can open doors for 23,500 for Nifty; Sudeep Shah picks 6 stocks ahead of Diwali
Nifty could extend its recovery towards 23,500 if it decisively breaks above the 23,150–23,200 resistance zone, says SBI Securities’ Sudeep Shah. He also shares his