The chart pattern suggests that if Nifty crosses and sustains above 17670 level - Jainam Share Consultants
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/77078d5f948dd2f1052228c44f852364.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 flat note but buying led the index upwards to end in the green. Nifty closed at 17622 with a gain of 91 points. On the daily chart the index has formed a small Bullish candle carrying long lower shadow indicating buying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 17670 level it would witness buying which would lead the index towards 17820-17900 levels. However if index breaks below 17420 level it would witness selling which would take the index towards 17380-17160.
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
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Indiateam57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/munishakhatwal57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/tatapower57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MP Ahammed.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Fintech Pre-budget expectation.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/uttarpradesh57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Budget_3.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyberpeace.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cd6bdbaf4d61b2acc038f14f39f1ac1e.jpg)
Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
![Nifty opened on a flat note and witnessed sideways movement in for most part of the day - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/0030ddf512030d1532120f3fe6f57a16.jpg)
![The chart pattern suggests that if Nifty breaks and sustains below 19500 level - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/3e21f95665f477074dee5eef5978a359.jpg)
![it would witness selling which would lead the index towards 19360-19300 levels - Jainam Share Consultants](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/87e58ac27cff1542848a43c4d1c2dd27.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/02/39842c23599e6f4d19e3d2a484c411fd.jpg)
The market is expected to continue on bullish momentum based on current price action - Enric...
![Market Wrap Up : Nifty snapped its losing streak; settled at 17450 Says Mr. Osho Krishan, Angel One](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/03/23b8ee44b8dcbb1192b85689ad1d9997.jpg)
![Nifty 50 not only slipped below its 5 DEMA support but also registered a close below the same - Tradebulls Securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/07/538c857eef6334c89d34482a68d36de3.png)
![Nifty weekly contract has highest open interest at 16000 for Calls and at 14500 for Puts - Geojit Financial](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/05/3b04cbcbe42d3824dbf03ad87a4ba34e.jpg)