09-04-2024 09:31 AM | Source: Jainam Share Consultants
Nifty closed at 22666 with a gain of 153 points - Jainam Share Consultants

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Nifty

Nifty opened with an upward gap and r ema i n e d i n p o siti v e t e rr a i n throughout the day. Nifty closed at 22666 with a gain of 153 points. On the daily chart the index has formed a long Bullish candle forming higher High- Low formation indi cating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 22700 level it would witness buying which would lead the index towards 22800-22900 levels. Important Supports for the day is around 22550 However if index sustains below 22550 then it may witness profit booking which would take the index towards 22500-22400 levels.

 

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