If Nifty breaks and sustains below 17880 level it would witness selling which would lead the index towards 17800- 17750 levels - Jainam Broking
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 a downward gap and traded with extreme volatility on either side to end on negative note. Nifty closed at 17944 with a loss of 92 points. On the daily chart, the price movement has taken a shape of small bearish candle carrying either side shadows representing volatile session. It has formed lower High-Low formation compare to previous session which remains a negative sign. The chart pattern suggests that if Nifty breaks and sustains below 17880 level it would witness selling which would lead the index towards 17800- 17750 levels. However if index crosses above 18050 level it would witness pullback rally which would take the index towards 18150- 18200.
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
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
