Nifty opened on a flat note but buying led the index upwards to end in the green - Jainam Broking Ltd
Nifty
Nifty opened on a flat note but buying led the index upwards to end in the green. Nifty closed at 24577 with a gain of 212 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation compared to previous session indicates positive bias. The chart pattern suggests that if Nifty crosses and sustains above 24600 level it would witness buying which would lead the index towards 24730- 24850 levels. Important Supports for the day is around 24500 However if index sustains below 24500 then it may witness profit booking which would take the index towards 24380- 24250 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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