Nifty opened on a flat note but buying led the index upwards to end in the green - Jainam Share Consultants
Nifty
Nifty opened on a flat note but buying led the index upwards to end in the green. Nifty closed at 24723 with a gain of 157 points. Onthedailychart index has formed a bullish candle however it remained restricted within previous session's High-Low range indicating absenceof strengthon eitherside. The chart pattern suggests that if Nifty breaks and sustains below 24640 level it would witness selling which wouldleadtheindextowards 24600-24550 levels. However, if index crosses above 24740 level it would witness pullback rally which would take the indextowards24830-24900.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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