Nifty opened on a flat note and traded with negative bias throughout the session

2024-12-10 09:51:22 am | Source: Jainam Share Consultants

Nifty opened on a flat note and traded with negative bias throughout the session - Jainam Share Consultants

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Nifty

Nifty opened on a flat note and traded with negative bias throughout the session. Nifty closed at 24619 with a loss of 59 points. Onthedailychart the index has formed a small Bearish candle with shadows on either side indicating indecisiveness amongst participants regardingthedirection. The chart pattern suggests that if Nifty crosses and sustains above 24705 level it would witness buying which wouldleadtheindextowards 24800-24850 levels. Important Supports for the day is around 24580 However if index sustains below 24580 then it may witnessprofitbooking which would take the index towards 24500-24400 levels.

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Nifty opened on a flat note and traded with negative bias throughout the session - Jainam Share Consultants

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