Nifty opened with an upward gap but witnessed selling from the opening tick to end negative - Jainam Share Consultants
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Nifty
Nifty opened with an upward gap but witnessed selling from the opening tick to end negative. Nifty closed at 17749 with a loss of 107 points. On the daily chart the index has formed a Bearish candle with long lower shadow indi cating buying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 17950 level it would witness buying which would lead the index towards 18000-18200 levels. Important Supports for the day is around 17575 However if index sustains below 17575 then it may witness profit booking which would take the index towards 17520-17480 levels.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
