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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 20997 with a gain of 28 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 21030 level it would witness buying which would lead the index towards 21060-21150 levels. Important Supports for the day is around 20920 However if index sustains below 20920 then it may witness profit booking which would take the index towards 20850-20800 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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