The chart pattern suggests that if Nifty crosses and sustains above 19580 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 downward gap and selling pressure throughout the session dragged it lower to end near lowest point of the day . Nifty closed at 19527 with a loss of 207 points. On the daily chart the index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negative bias. The chart pattern suggests that if Nifty crosses and sustains above 19580 level it would witness buying which would lead the index towards 19650-19700 levels. Important Supports for the day is around 19420 However if index sustains below 19420 then it may witness profit booking which would take the index towards 19370-19300 levels.
To Read Complete Report & Disclaimer Click Here
PleasTe 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
Top News
Dollar eases as Powell bump fades
Tag News
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
