If Nifty crosses and sustains above 15915 level it would witness buying which would lead the index towards 15950-16000 levels - Jainam Share Consultant
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Nifty
Nifty opened with an upward gap but witnessed selling from the opening tick to end near the day's low. Nifty closed at 15815 with a loss of 46 points. On the daily chart index has formed a bearish candle however it manage to maintain higher High-low compare to previous session indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 15915 level it would witness buying which would lead the index towards 15950-16000 levels. Important Supports for the day is around 15790 However if index sustains below 15790 then it may witness profit booking which would take the index towards 15670- 15600 levels.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
