Nifty opened gap down and faced selling all day, ending near its lowest point

2025-08-25 09:36:25 am | Source: Jainam Share Consultants

Nifty opened gap down and faced selling all day, ending near its lowest point - Jainam Share Consultants

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Nifty

Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end near lowest point of theday. Niftyclosed at 24870 with a loss of 214 points. On the daily chart the index has formed a long Bearish candle forming lower High-Lowcomparetoprevious session indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below 24850 level it wouldwitnesssellingwhich would lead the index towards 24800-24700 levels. However, if index crosses above 25000 level it would witness pullbackrallywhichwould take the index towards 25150-25200

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Nifty opened gap down and faced selling all day, ending near its lowest point - Jainam Share Consultants

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