Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day -Jainam Share Consultants
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Nifty
Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day. Nifty closed at 17137 with a gain of 178 points. On the daily chart index has formed a bullish candle however it remained restricted within previous session's High-Low range indicating absence of strength on eitherside. The chart pattern suggests that if Nifty crosses and sustains above 17280 level it would witness buying which would lead the index towards 17350-17400 levels. Important Supports for the day is around 16820 However if index sustains below 16820 then it may witness profit booking which would take the index towards 16750-16700 levels.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
