Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note - Jainam Share Consultant
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Nifty
Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note. Nifty closed at 16302 with a loss of 109 points. On the daily chart the index has formed a Bullish candle carrying eitherside shadows indicating extreme volatility. The chart pattern suggests that if Nifty crosses and sustains above 16400 level it would witness buying which would lead the index towards 16 5 0 0 -1 6 5 5 0 l evels. Important Supports for the day is around 16140 However if index sustains below 16140 then it may witness profit booking which would take the index towards 16000-15900 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
Tag News
Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
