Nifty opened on a flat note and remained in a small range throughout the day - 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 25280 with a gain of 1 points. On the daily chart index has formed a bearish candle however it remained restricted within previous session's High-Low range indicating absence of strength on eitherside. The chart pattern suggests that if Nifty crosses and sustains above 25340 level it would witness buying which would lead the index towards 25400-25500 levels. Important Supports for the day is around 25230 However if index sustains below 25230 then it may witness profit booking which would take the index towards 25150-25000 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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