Headline index Nifty today formed a Hanging Man candlestick pattern which signals short-term reversal if the low of the candle is breached.Now it has to continue to hold above 19300 zones to extend the move towards 19450 and 19500 zones while on the downside support shifts higher at 19250 and 19100 zones, said Chandan Taparia of Motilal Oswal.
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