Nifty opened on a flat note and remained in a small range throughout the day

2025-06-05 09:22:49 am | Source: Jainam Share Consultants

Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants

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NIFTY TECHNICAL VIEW

Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 24612 with a gain of 70 points. Onthedailychartthe index has formed a "Doji" candlestick formation indicating indecisiveness amongst market participants regarding the direction. Thechartpattern suggests that if Nifty crosses and sustains above 24750 level it would witness buying which would lead the index towards 24850-24900levels. Important Supports for the day is around 24600 However if index sustains below 24600 then it may witness profit booking whichwouldtake the index towards 24500-24450 levels.

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Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants

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