News > What signals a bullish candle on Nifty is sending for next trade

What signals a bullish candle on Nifty is sending for next trade

Economic Times | 14/09/2022 08:53 PM | Click to read full article

It was a roller coaster ride for traders as Nifty50 slipped below 17,800 in opening trade on Wednesday, following weak global cues but managed to recoup losses to close above 18,000, which is a positive sign.

The Nifty50 formed a bullish candle for the third consecutive day. Supertrend indicator also triggered buy on September 13, and the Golden Cross was recorded on September 9 on the daily charts.

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