Business|
Technical outlook: Doji pattern suggests bottoming for Nifty
N
News Analysis IndiaReporter
August 21, 2026
04:33 AM
Technical analysts noted that after seven consecutive sessions of decline, the Nifty formed a Doji candlestick, indicating reduced selling pressure. If the index holds above the support zone of 24,060‑24,000, the next resistance levels could be 24,317‑24,380 and subsequently 24,400‑24,545, pointing to a potential short‑term upside.
