MENU

Published on 22/07/2021 10:06:41 AM | Source: Jainam Share Consultants

Nifty opened with an downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day - Jainam Share Consultant

Posted in Market Outlook| #Market Outlook #Jainam Share Consultants

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel  https://t.me/InvestmentGuruIndia 

Download Telegram App before Joining the Channel

Nifty

Nifty opened with an downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day . Nifty closed at 15752 with a loss of 171 points. On the daily chart the index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negative bias. The chart pattern suggests that if Nifty crosses and sustains above 15700 level it would witness buying which would lead the index towards 15770-15850 levels. Important Supports for the day is around 15570 However if index sustains below 15570 then it may witness profit booking which would take the index towards 15500- 15450 levels.

 


To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer