Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note -Jainam Share Consultants
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Nifty
Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note. Nifty closed at 17530 with a loss of 145 points. On the daily chart the index has formed a small Bearish candle with lower shadow indi cating buying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 17600 level it would witness buying which would lead the index towards 17650-17780 levels. Important Supports for the day is around 17440 However if index sustains below 17440 then it may witness profit booking which would take the index towards 17380-17340 levels.
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