Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultant
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Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 15175 with a gain of 269 points. The daily price action has formed a sizable bullish candle forming higher High-Low formation compare to previous session indicating positive bias. The chart pattern suggests that if Nifty breaks and sustains below 15000 level it would witness selling which would lead the index towards 14920-14884 levels. However if index crosses above 15200 level it would witness pullback rally which would take the index towards 15300-15380.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
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