Nifty opened on a flat note but buying led the index upwards to end in the green - Jainam Share Consultants
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Nifty
Nifty opened on a flat note but buying led the index upwards to end in the green. Nifty closed at 24142 with a gain of 131 points. On the daily chart index has formed a bullish candle however it remained restricted within previous session's High-Low range indicating absence of strength on eitherside. The chart pattern suggests that if Nifty breaks and sustains below 24000 level it would witness selling which would lead the index towards 23900-23800 levels. However if index crosses above 24200 level it would witness pullback rally which would take the index towards 24300-24500
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
