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 22406 with a gain of 27 points. On the daily chart t h e i n d ex h a s fo rme d a "Do j i " candlestick formation indicating indec isiveness among st mar ket participants regarding the direction. The chart pattern suggests that if Nifty crosses and sustains above 22440 level it would witness buying which would lead the index towards 22480-22520 levels. Important Supports for the day is around 22350 However if index sustains below 22350 then it may witness profit booking which would take the index towards 22300-22200 levels.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Tag News
Quote on Sensex crossing 80000 mark by Shrikant Chouhan, Head Equity Research, Kotak Securities
More News
Banking index is likely to trade in line with the benchmark index today with support at 4850...