Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 16625 with a gain of 128 points - Jainam Share Consultant
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/08/217e5ed82b9f18b444d1dd5c288e35c1.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 upward gap and remained in positive terrain throughout the day. Nifty closed at 16625 with a gain of 128 points. On the daily chart the index has formed a Bullish candle forming higher High - Low formation indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 16650 level it would witness buying which would lead the index towards 16700-16750 levels. Important Supports for the day is around 16500 However if index sustains below 16500 then it may witness profit booking which would take the index towards 16400-16370 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/kotak securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/TechMahindra23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/powersector25.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/fsdkfjeljweoir.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/nirmalasitharaman230717.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Real estate sector_9477.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/global29.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar 30.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/2022/07/2c39cdd6eec4306e440259e9408cc407.jpg)
Accumulate Longs on Decline With SL of 16400 Levels - HDFC Securities
![Market Quote : The domestic market experienced a relief rally in response to a bullish trend in global markets Says Mr. Vinod Nair, Geojit Financial Services.](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/11/9a33068e8cfe74a5fa0bdf1712e60d63.jpg)
![NIFTY forms an Inside week candle pattern on the weekly charts - GEPL Capital](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/07/a68bcdb70c935d1fd54e4a931e72ff44.jpg)
![Mid-market comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker](https://portfolio.investmentguruindia.com/uploads/news/shrey jain.jpg)