Nifty 50 deep-dive guide for investors: Bearish engulfing candlestick; check resistance, support levels | Wed 23 Sept

The Nifty 50 paused its four-session recovery on Tuesday, closing at 23,329 after facing selling pressure. Profit booking indicated resistance near 23,500, leading to a bearish candlestick formation. Key support lies around 23,286, while a breakout above 23,500 could rejuvenate market sentiment.
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