Tech View: Nifty ends above 21 EMA. What traders should do on Thursday

Tech View: Nifty ends above 21 EMA. What traders should do on Thursday

Nifty ended Wednesday with gains of 735.85 points or 3.36% and settled at 22,620.35 led by strong buying activity across sectors but more prominently in banks and autos. The 50-stock index ended above the downside channel support of 22,200. Analyst Ashwin Ramani, Derivatives & Technical Analyst at SAMCO Securities said call writers (bears) are exiting … Read more