Tech View: Dips towards 25k can be buying opportunities. Here’s how to trade on Thursday

Nifty  ended Wednesday’s trading session 81 points lower to end below the 25,200 mark but formed a bullish Counterattack type candle pattern...

Nifty ended Wednesday’s trading session 81 points lower to end below the 25,200 mark but formed a bullish Counterattack type candle pattern on the daily charts and signalled a buy-on-dips opportunity in the market.

Nifty is currently placed at the crucial cluster support around 25,000 levels (ascending trend line and 10-day EMA). The bullish pattern like higher highs and higher lows is visible on the daily chart, Nagaraj Shetti of HDFC Securities said.