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

2025-05-19 09:53:14 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 TECHNICAL VIEW

Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 25014 with a loss of 48 points. On the daily chart Nifty 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 breaks and sustains below 25000 level it would witness selling which wouldleadtheindextowards 24850-24750 levels. However, if index crosses above 25120 level it would witness pullback rally which would take the indextowards25200-25300

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