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 25461 with a loss of 0 points. Onthedailychartthe index has formed a "Doji" candlestick formation indicating indecisiveness amongst market participants regarding the direction. Thechartpattern suggests that if Nifty crosses and sustains above 25490 level it would witness buying which would lead the index towards 25570-25650levels. Important Supports for the day is around 25330 However if index sustains below 25330 then it may witness profit booking whichwouldtake the index towards 25270-25200 levels.
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