Nifty closed at 14645 with a gain of 124 points - Jainam Share Consultant
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Nifty
Nifty opened on a flat note but buying led the index upwards to end in the green. Nifty closed at 14645 with a gain of 124 points. On the daily chart the index has formed a long Bullish candle fo rmi n g h i g h e r Hi g h - L ow formation indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 14670 level it would witness buying which would lead the index towards 14705- 1 4 7 5 0 l e v e ls. I m p o rt a n t Supports for the day is around 14500 However if index sustains b e l ow 1 4 5 0 0 t h e n it ma y witness profit booking which would take the index towards 14350-14220 levels.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
![Nifty opened on a flat note and witnessed sideways movement in for most part of the day - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0030ddf512030d1532120f3fe6f57a16.jpg)
![The chart pattern suggests that if Nifty breaks and sustains below 19500 level - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/3e21f95665f477074dee5eef5978a359.jpg)
![it would witness selling which would lead the index towards 19360-19300 levels - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/87e58ac27cff1542848a43c4d1c2dd27.jpg)