Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants
Nifty
Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 25819 with a loss of 42 points. Onthedailychartthe index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regarding thedirection.The chart pattern suggests that if Nifty crosses and sustains above 25950 level it would witness buying which would lead the indextowards26050-26150 levels. Important Supports for the day is around 25800 However if index sustains below 25800 then it may witness profit bookingwhich would take the index towards 25760-25700 levels.

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