01-01-1970 12:00 AM | Source: Jainam Share Consultants
Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants
News By Tags | #6348 #879

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Nifty

Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 17214 with a loss of 20 points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 17300 level it would witness buying which would lead the index towards 17380-17450 levels. Important Supports for the day is around 17170 However if index sustains below 17170 then it may witness profit booking which would take the index towards 17100-16800 levels

 

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