Nifty closed at 15116 with a gain of 192 points - Jainam Share Consultant
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Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 15116 with a gain of 192 points. On the daily chart the index has formed a small bullish candle forming higher High-Low formation compare to previous session indicating positive bias. The chart pattern suggests that if Nifty breaks and sustains below 15050 level it would witness selling which would lead the index towards 14942-14864 levels. However if index crosses above 15160 level it would witness pullback rally which would take the index towards 15193-15220.
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