Nifty opened on a flat note and remained in a small range throughout the day - Jainam Share Consultants
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Nifty
Nifty opened on a flat note and remained in a small range throughout the day. Nifty closed at 19665 with a loss of 10 points. On the daily chart index has formed a bearish candle however it remained restricted within previous session's High-Low range indicating absence of strength on eitherside. The chart pattern suggests that if Nifty breaks and sustains below 19600 level it would witness selling which would lead the index towards 19550-19500 levels. However if index crosses above 19735 level it would witness pullback rally which would take the index towards 19850-19900
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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