MintLean R·
Nifty 50 prediction: Hammer formation hints short term trend reversal | Support, resistance for Sept 30
The Nifty 50 fell sharply by 1,618 points in September, reopening at a low of 22,569.65 but recovered slightly to close at 22,716.20. Market breadth remained negative, but the hammer candlestick pattern suggests a potential short-term reversal with key support at 22,569.
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