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 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.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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