Tech View: Nifty ends below 20 DEMA; 24,000 key to avoiding sell-off. How to trade on Wednesday

Nifty’s daily chart on Tuesday formed a long bear candle, wiping out most of Friday’s gains. This market action signals a lack of strength to sustain the upward bounce. Nifty’s higher tops and bottoms pattern remains intact, with crucial support at 24,200-24,000; holding above this level could trigger an upside bounce.

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