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

2024-11-18 09:27:47 am | Source: Jainam Share Consultants

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

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #JainamShareConsultants

Nifty

Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 23533 with a loss of 26 points. On thedailychartindex has formed a bearish candle carrying both side shadows however it has continue to form lower High-Low formation indicatingweakness.The chart pattern suggests that if Nifty breaks and sustains below 23480 level it would witness selling which would lead the indextowards23400-23300 levels. However if index crosses above 23700 level it would witness pullback rally which would take the index towards23800-24000.

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

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

Top News

Tag News

More News