Nifty closed at 22494 with a gain of 20 points - Jainam Share Consultants
Nifty
Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 22494 with a gain of 20 points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 22530 level it would witness buying which would lead the index towards 22570-22640 levels. Important Supports for the day is around 22400 However if index sustains below 22400 then it may witness profit booking which would take the index towards 22270-22200 levels.
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Daily market commentary : Nifty traded firmly for the most part of the day and closed with g...