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Trading setup for Thursday: Top 15 things to know before the opening bell

The Nifty 50 formed another long bearish candlestick and eventually reached the 200-day EMA support at 23,540. If the index definitively falls below this level, it could reach the second target (around 23,200) of the head-and-shoulders pattern in the coming sessions. On the upside, though, the levels to watch are 23,900-24,000, experts say.