Nifty opened on a flat note and remained in a small range throughout the day - Jainam
Nifty
Nifty opened on a flat note and remained in a small range throughout the day . Nifty closed at 22750 with a loss of 3 points . On the daily chart the index has formed a small Bullish candle with shadows on either side indicating indecisiveness amongst participants regarding the direction . The chart pattern suggests that if Nifty crosses and sustains above 22800 level it would witness buying which would lead the index towards 22900 - 23000 levels . Important Supports for the day is around 22600 However if index sustains below 22600 then it may witness profit booking which would take the index towards 22500 - 22380 levels .
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
