The chart pattern suggests that if Nifty crosses and sustains above 18365 level - Jainam Share Consultants
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 18350 with a gain of 322 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 18365 level it would witness buying which would lead the index towards 18420- 18500 levels. However if index breaks below 18250 level it would witness selling which would take the index towards 18200-18100.
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
Tag News
Nifty opened with an upward gap and witnessed consolidation for most part of the session - J...
More News
The range for banking index has been shrinking week by week which hints some sharp move is s...
