News > Nifty forms small bullish candle on daily chart. What does it signal for tomorrow's trade?
Nifty forms small bullish candle on daily chart. What does it signal for tomorrow's trade?
The Economic Times | 02/02/2022 09:15 PM | Click to read full article
Nifty50 on Wednesday rose for the third straight day and, in the process, breached its 20-day moving day on a closing basis. The index traded in a narrow range during the session after a gap-up start and, eventually, formed a small Bullish Candle on the daily chart.
The index needs to stay above the bullish gap range of 17,674-622 for further upside.
