If Nifty crosses and sustains above 15765 level it would witness buying which would lead the index towards 15820-15900 levels - Jainam Share Consultant
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Nifty
Nifty opened on a flat note and witnessed profit booking in initial half however buying momentum at lower levels pulled index higher to close on a flat note. Nifty closed at 15683 with a loss of 8 points. On the daily chart the index has formed a Bearish candle with long lower shadow indicating buying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 15765 level it would witness buying which would lead the index towards 15820-15900 levels. Important Supports for the day is around 15600 However if index sustains below 15600 then it may witness profit booking which would take the index towards 15500-15450 levels.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
