Tech View: Nifty50 forms bearish candle; support seen at 16,400
SynopsisA long bear candle that almost engulfed the previous bull candle on the downside, resembled Bearish Dark Cloud Cover formation.Shutterstock.comThe index closed the day at 16,663.00, down 208.30 points or 1.23 per cent.NEW DELHI: Nifty50 on Tuesday saw a strong selling pressure near its 200-day moving average, with the index ending up forming a large…Continue Reading

