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 25464 with a loss of 58 points. On the daily chart
the index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regarding the
directionThe chart pattern suggests that if Nifty crosses and sustains above 25550 level it would witness buying which would lead the index
towards 25600-25680 levels. Important Supports for the day is around 25425 However if index sustains below 25425 then it may witness profit
booking which would take the index towards 25350-25300 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
