Nifty opened with an upward gap and remained lackluster - Jainam Share Consultants
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/08/eef8f2cb27297648e01687845267ed48.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 lackluster within narrow trading range throughout the day. Nifty closed at 17944 with a gain of 119 points. The daily price action has formed a bullish candle forming higher High-Low formation compare to previous session indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 17965 level it would witness buying which would lead the index towards 18000- 18115 levels. Important Supports for the day is around 17830 However if index sustains below 17830 then it may witness profit booking which would take the index towards 17760- 17700 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)
Top News
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar_011424.jpg)
FIIs stood as net sellers in equities as per February 27 data: NSDL
![Perspective on 'Fourth Tranche of Sovereign Gold Bond by Mr. Nish Bhatt, Founder & CEO, Millwood Kane International](https://portfolio.investmentguruindia.com/uploads/news/Nish Bhatt,CEO, Millwood Kane International.jpg)
![Go Fashion coming with an IPO to raise upto Rs 1020 crore](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/11/fddc911141883067dfec4e05e3f8d9b9.jpg)
![Strong Operational Performance : Views on Q1CY21 results of ACC Ltd. by Mr. Kunal Shah, Analyst - Institutional Equities, YES SECURITIES](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/04/370d12bda8b54d5bcad798013052c85e.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/2021/02/6b1abe6a95e787d98e08d2cebb3d6ab3.jpg)
The domestic markets gave in to a riot of sell off by Dr. Joseph Thomas, Emkay Wealth Manage...
![The weekly price action formed a bull candle carrying a higher high, indicating continuance of upward momentum - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/11/9e25a1c4b905619f38cf288548064532.jpg)
![Comment on FPI's participation in commodity derivative markets from Hareesh V, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/06/b782cc94ba6a3e4605edc62072370cb1.jpg)
![Market commentary by Mr. Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/02/75789ddcf765fb26806790e78fd26dcc.jpg)