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

2024-12-09 09:48:30 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

Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 24678 with a loss of 31 points. OnthedailychartNifty has formed a small bearish candle and remained restricted within previous session's High-Low range indicating absence of directiononeither side. The chart pattern suggests that if Nifty crosses and sustains above 24750 level it would witness buying which wouldleadtheindextowards 24800-24850 levels. Important Supports for the day is around 24600 However if index sustains below 24600 then it may witnessprofitbooking which would take the index towards 24540-24470 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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