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Tech View: Nifty breaches 20-DEMA, trendline support. What should traders do on Thursday expiry - Vimarsana News

Tech View: Nifty breaches 20-DEMA, trendline support. What should traders do on Thursday expiry

A decisive move below 21,860 levels (last higher bottom of 29th Feb) could negate Nifty's bullish setup and that can eventually form a bearish pattern like lower tops and bottoms, Nagaraj Shetti of HDFC Securities said.

Nifty: Nifty on a strong base, to maintain bullish trend: Analysts - Vimarsana News

Nifty: Nifty on a strong base, to maintain bullish trend: Analysts

​After reaching a lifetime high at 22,124, the Nifty experienced a dip and found support at 21,350-21,400, which aligned with the 26-day exponential moving average, thereby establishing this as a crucial support.