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 Consultants
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/04/b49e65476a166607b7df289b31dd20d6.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 17476 with a loss of 55 points. On the daily chart index has formed bearish candle but it manage to form higher High-Low compare to previous session indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 17670 level it would witness buying which would lead the index towards 17780-17900 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.
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/power67.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/GV_Radisson_Hotel_Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Sumita Dawra_Employment.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/power67.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/oil and gas_45.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/power67.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/DematAccount67.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/bank 1.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Amazon21Feb.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Utkarsh Small Finance Bank.jpg)
Top News
![](https://portfolio.investmentguruindia.com/uploads/news/Economy_1781.jpg)
Strength of next government`s mandate to influence fiscal consolidation, governance trajecto...
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/2021/07/122b9561be726b6dae5879fbb10453cc.jpg)
Nifty continued its downward journey for the third day on the trot where it fell by 120 poin...
![Market Roundup : Domestic equities gained momentum despite cautious global environment Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/2c64b4d284b44bccc2c62ce063f3ad62.jpg)
![Nifty found support at 15710 and bounced back - HDFC Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/06/8f55aadfd580a0b50dfd9c709f7cbb2a.jpg)
![Nifty has an immediate resistance placed at 17300 and on a decisive close above expect a rise to 17370-17450 levels - Nirmal Bang](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/09/19b7626c59c8ca6bbcf6a382679495fe.jpg)