The chart pattern suggests that if Nifty crosses and sustains above 17700 level - 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 an upward gap and remained in positive terrain throughout the day. Nifty closed at 17722 with a gain of 98 points. On the daily chart the index has formed a small Bullish candle with shadows on either side indicating indecisiveness amongst participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 17700 level it would witness buying which would lead the index towards 1780 0 -1 7 8 5 0 l evels. Important Supports for the day is around 17650 However if index sustains below 17650 then it may witness profit booking which would take the index towards 17600-17500 levels.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.tradebulls.in/disclaimer
SEBI Registration number is INZ000171838
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
Benchmark index traded range bound yesterday before closing with 0.46% gain at 24433 level -...
