[ad_1] New Delhi: nifty 50 Thursday closed above its 50-day simple moving average and formed a bullish candle with a long wick on the daily chart. Analysts said the technical setup for the index looks positive since the breakout of 15,900. He believes that the upside could attract further buying above the 16,150-175 range. For the day, the index ended the day higher at 16,132.90, up 143.10 points or 0.89 per cent. It was below the 50-days EMA of 16,150 but above the 50-days SMA of 16,120. Nagraj Shetty HDFC…
Friday, September 22, 2023
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