Nifty opened on a flat note and witnessed extreme volatility - Jainam Share Consultant
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Nifty
Nifty opened on a flat note and witnessed extreme volatility on either side for most part of the session. However later hour buying momentum pulled index higher to end on flat note. Nifty closed at 15107 with a loss of 3 points. On the daily chart the index has formed a Bullish candle with a long lower shadow indicating buying at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 15257 level it would witness buying which would lead the index towards 15300-15320 levels. However if index breaks below 14977 level it would witness selling which would take the index towards 14860-14750.
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