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Tech view: Nifty bullish engulfing pattern signals reversal, 23,500 key resistance. How to trade on Monday

After showing a sustainable upmove in the last four sessions, Nifty 50 witnessed high volatility during a special trading session on Saturday, on Budget day, and closed the day lower by 26 points.

A small negative candle was formed on the daily chart with upper and lower shadows. Technically,…

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