11-02-2021 10:19 AM | Source: Jainam Share Consultants
Nifty closed at 17930 with a gain of 258 points - Jainam Share Consultants
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Nifty

Nifty opened with an upward gap and r em a i n e d i n p o siti v e t e rr a i n throughout the day. Nifty closed at 17930 with a gain of 258 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation indicating positive biasThe chart pattern suggests that if Nifty crosses and sustains above 17950 level it would witness buying which would lead the index towards 18090- 18190 levels. Important Supports for the day is around 17700 However if index sustains below 17700 then it may witness profit booking which would take the index towards 17620- 17500 levels.

 

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