The chart pattern suggests that if Nifty breaks and sustains below 15000 level - Jainam Share Consultant
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Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 15108 with a gain of 185 points. On the daily chart the index has formed Bullish candle forming higher High- Low formation indicating positive bias. The chart pattern suggests that if Nifty breaks and sustains below 15000 level it would witness selling which would lead the index towards 14590-14500 levels. However if index crosses above 15138 level it would witne ss pullback rally which would take the index towards 15200-15300.
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Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
