Nifty opened with downward gap and extended its down move in initial hours making day low around 19317 - Jainam Share Consultants
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 downward gap and extended its down move in initial hours making day low around 19317. However buying support at lower levels recovered most of the earlier losses to end on a flat note. Nifty closed at 19465 with a gain of 30 points. On the daily chart index has formed a small bullish candle carrying lower shadow indi cating buying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 19500 level it would witness buying which would lead the index towards 19560-19600 levels. Important Supports for the day is around 19315 However if index sustains below 19315 then it may witness profit booking which would take the index towards 19250-19200 levels.
To Read Complete Report & Disclaimer Click Here
PleasTe 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
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
More News
Nifty has an immediate support at 14500 - Nirmal Bang
