Tech View: Nifty50 forms bullish candle, sends positive signals

The index formed a bullish candle on the daily chart that almost engulfed the negative candle of the previous session. Technically, it indicates a negation of bearish formation and signals positive bias for the market ahead, according to Nagaraj Shetti at HDFC Securities.

Tech View: Nifty50 forms bullish candle, sends positive signals
The index formed a bullish candle on the daily chart that almost engulfed the negative candle of the previous session. Technically, it indicates a negation of bearish formation and signals positive bias for the market ahead, according to Nagaraj Shetti at HDFC Securities.