22-03-2024 09:49 AM | Source: Jainam Share Consultants
Nifty closed at 22012 with a gain of 173 points - Jainam Share Consultants

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Nifty

Nifty opened with an upward gap and w it n e ss e d e x tr e m e v o l a ti l it y throughout the day. Nifty closed at 22012 with a gain of 173 points. On the daily chart the index has formed a Doji candlestick formation indicating indec isiveness among st mar ket participants regarding the direction. The chart pattern suggests that if Nifty breaks and sustains below 21940 level it would witness selling which would lead the index towards 21850-21740 levels. However if index crosses above 22100 level it would witness pullback rally which would take the index towards 22200-22300.

 

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