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nifty technical charts: Tech View: Nifty forms bullish engulfing candle. What traders should do on Thursday

The index is currently placed at the edge of breaking above the immediate hurdle of 21,850 level and a decisive move above this resistance is likely to pull Nifty towards 22,000-22,100 levels in the short term. Immediate support is at 21,720 level, said Nagaraj Shetti of HDFC Securities.
Nagaraj Shetti Jatin Gedia Rajesh Bhosale Upper Bollinger Technical Analyst Angel Oneon

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Crude falls after rally triggers a technical warning

Crude falls after rally triggers a technical warning Sharon Cho and Alex Longley, Bloomberg News Rising oil prices will benefit Albertas 5 year bond: Portfolio manager VIDEO SIGN OUT Oil extended its retreat fromย multi-year highs after technical indicators showed crude rallied too far too fast. Futures in New York slipped below US$65 a barrel on Tuesday in choppy trading after surging to the highest since 2018 on Monday. Prices rose above the Upper Bollinger band during the last three ...
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