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 24857 with a gain of 21 points. On the daily chart the index has formed a Bullish candle with a upper shadow indicating selling at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 24770 level it would witness selling which would lead the index towards 24600-24500 levels. However if index crosses above 25000 level it would witness pullback rally which would take the index towards 25100-25200.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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