Nifty opened with a downward gap however buying momentum at lower levels pulled index higher- Jainam Share Consultants
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/01/5ae15624f268c1fecdec6c507eef7cd3.jpg)
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 with a downward gap however buying momentum at lower levels pulled index higher to end near day's high. Nifty closed at 18309 with a gain of 53 points. On the daily chart the index has formed a small Bullish candle carrying long lower shadow indicating buying support at lower levelsThe chart pattern suggests that if Nifty crosses and sustains above 18350 level it would witness buying which would lead the index towards 18400-18500 levels. Important Supports for the day is around 18200 However if index sustains below 18200 then it may witness profit booking which would take the index towards 18050-18100 levels.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.swastika.co.in/disclaimer
SEBI Reg. No. : NSE/BSE/MSEI: INZ000192732
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indiateam57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/munishakhatwal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/tatapower57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cd6bdbaf4d61b2acc038f14f39f1ac1e.jpg)
Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
![Nifty opened on a flat note and witnessed sideways movement in for most part of the day - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0030ddf512030d1532120f3fe6f57a16.jpg)
![The chart pattern suggests that if Nifty breaks and sustains below 19500 level - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/3e21f95665f477074dee5eef5978a359.jpg)
![it would witness selling which would lead the index towards 19360-19300 levels - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/87e58ac27cff1542848a43c4d1c2dd27.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/08/1d05be6a76e68fe7056c9c9957000211.jpg)
Nifty continued its upward journey for the third day in the row on the back of positive glob...
![BankNifty opened with an upward gap and witnessed extreme volatility on both sides throughout the day - Axis Securities](https://portfolio.investmentguruindia.com/uploads/news/77ed5313a351dc8f5fbbe1b47d4437bb.jpg)
![The daily price action formed an inside bar as the index oscillated within Monday - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/93c8e334668d5edcfc3101f6c68010d0.jpg)
![Perspective on Market by Mr. Jaykrishna Gandhi, Head - Business Development, Institutional Equities, Emkay Global Financial Services](https://portfolio.investmentguruindia.com/uploads/news/Broker _19.jpg)