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 24715 with a gain of 135 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 crosses and sustains above 24650 level it would witness buying which wouldleadtheindex towards 24700-24750 levels. Important Supports for the day is around 24500 However if index sustains below 24500 thenit maywitnessprofit booking which would take the index towards 24430-24350 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785










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