Tech View: Nifty50 forms bullish candle, eyes 16,500 level https://ift.tt/Wv021at credibility of this upmove was enhanced as Nifty50 witnessed buying interest on dips, said Mazhar Mohammad of Chartviewindia.in. Mohammad said that the index can test its 200-day EMA, whose value is placed around 16,520 level if it were to sustain above the 16,187 level.
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