Nifty opened with an downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day - Jainam Share Consultant
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/04/73452cb30133ec010e4fc25d1031acbd.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 an downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day . Nifty closed at 17808 with a loss of 150 points. On the daily chart the index has formed a Bearish candle with a long upper shadow indicating selling at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 17900 level it would witness buying which would lead the index towards 18 1 0 0 -1 8 2 0 0 l evels. Important Supports for the day is around 17780 However if index sustains below 17780 then it may witness profit booking which would take the index towards 17700-17650 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
![](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)