On the daily chart index has formed a sizable bearish candle indicating negative bias - Jainam Share Consultants
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/08/5de69d35c8acf3621118fae662a47853.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 on a positive note and extended buying momentum in the first half however selling in the second half led the index lower to close near day's low. Nifty closed at 19347 with a gain of 5 points. On the daily chart index has formed a sizable bearish candle indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below 19300 level it would witness selling which would lead the index towards 19230-19100 levels. However if index crosses above 19450 level it would witness pullback rally which would take the index towards 19500-19600.
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
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Cotton Report.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Unicommerce_logo.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Sebi.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Spices Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Banking Sector.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Energy Outlook.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Base Metals.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/icici direct.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Kedia Bullion Outlook.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cc796169e4f7c012914c95f4a8efe430.jpg)
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
![Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f1fa5f12be5ac87ff9258ea3909f0f8.jpg)
![Nifty registers best week in 2 months after rising for 6 consecutive sessions](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/95f11bf3e1fc515ff0aed747520314dc.jpg)
![Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f33c3d1dad571464e55a94475ae32892.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/a9dfcc18626a9dacb49b5475ca213327.jpg)
The Nifty started the session on a positive note and scaled a fresh alltime high of 15257 - ...
![Morning Market Quote : The ongoing market rally is being driven mainly by two factors Says Dr. V K Vijayakumar, Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/08/a04cc1a066d09ea2e13c3c6f0566eca9.jpg)
![Daily Market Commentary : Broader market ended flat, while sector-wise it was a mixed bag Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/uploads/news/Broker _16.jpg)
![Simplifies Options Trading with Sensibull; Offers Effective Options Trading Strategies by Angel Broking](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/05/1921189a87a52948b995928d6fa91d8d.jpg)