IGI Logo

Nifty

Nifty opened on a flat note but buying led the index upwards to end in the green. Nifty closed at 17666 with a gain of 126 points. On the daily chart index has formed a bullish candle and has closed above its past two session's consolidation range representing positive bias ahead. The chart pattern suggests that if Nifty crosses and sustains above 17700 level it would witness buying which would lead the index towards 17780-17900 levels. However if index breaks below 17550 level it would witness selling which would take the index towards 17460- 17400.

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