Nifty closed at 24399 with a loss of 36 points By 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 24399 with a loss of 36 points. On thedailychartthe index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regarding thedirection.The chart pattern suggests that if Nifty breaks and sustains below 24340 level it would witness selling which would lead the indextowards24200-24150 levels. However if index crosses above 24500 level it would witness pullback rally which would take the index towards 24600-24700
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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