Nifty opened on a flat note and witnessed extreme volatility on eitherside for most part of the session - Jainam Share Consultant
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Nifty
Nifty opened on a flat note and witnessed extreme volatility on eitherside for most part of the session. However later hour buying momentum pulled index higher to end in green. Nifty closed at 16705 with a gain of 68 points. On the daily chart the index has formed a small Bullish candle carrying lower shadow indicating buying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 16722 level it would witness buying which would lead the index towards 16750-16800 levels. Important Supports for the day is around 16570 However if index sustains below 16570 then it may witness profit booking which would take the index towards 16520-16480 levels.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Top News
India`s external buffers sufficient to cushion risks associated with rapid monetary policy t...
Tag News
Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
