Nifty opened with an upward gap but witnessed selling from the opening tick - Jainam
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Nifty
Nifty opened with an upward gap but witnessed selling from the opening tick to end near the day's low. Nifty closed at 13635 with a loss of 183 points. On the daily chart the index has formed a long Bearish candle with eitehr side long shadows indicating extreme volatility at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 13590 level it would witness selling which would lead the index towards 13500-13370 levels. However if index crosses above 13970 level it would witness pullback rally which would take the index towards 14150-14240.
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
Tag News
Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
