If Nifty crosses and sustains above 15770 level it would witness buying which would lead the index towards 15880-15920 levels - Jainam Share Consultant
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
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 negative. Nifty closed at 15691 with a loss of 76 points. On the daily chart the index has formed a small Bullish candle with upper shadow indicating selling pressure as well as resistance at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 15770 level it would witness buying which would lead the index towards 15880-15920 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.
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
Tag News
Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
