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Nifty closed at 22122 with a loss of 91 points - Jainam Share Consultants
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Nifty
Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 22122 with a loss of 91 points. On the daily chart the index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 22200 level it would witness buying which would lead the index towards 22300-22350 levels. Important Supports for the day is around 22050 However if index sustains below 22050 then it may witness profit booking which would take the index towards 22000-21900 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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