Nifty opened on a flat note and witnessed selling pressure in the initial half of the day

2025-12-12 09:21:54 am | Source: Jainam Share Consultants

Nifty opened on a flat note and witnessed selling pressure in the initial half of the day - Jainam Share Consultants

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Nifty

Nifty opened on a flat note and witnessed selling pressure in the initial half of the day. However later hour buying led index toendnearday'shigh.. Nifty closed at 25899 with a gain of 141 points. On the daily chart index has formed a small bullish candle carrying lower shadowindicating buying support at lower levels. The chart pattern suggests that if Nifty crosses and sustains above 25950 level it would witnessbuyingwhich would lead the index towards 26000-26120 levels. Important Supports for the day is around 25690 However if index sustainsbelow25690 then it may witness profit booking which would take the index towards 25650-25600 levels.

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Nifty opened on a flat note and witnessed selling pressure in the initial half of the day - Jainam Share Consultants

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