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 25285 with a gain of 104 points. Onthedailychart the index has formed a small bullish candle forming higher High-Low formation compare to previous session indicating positivebias. Thechart pattern suggests that if Nifty breaks and sustains below 25200 level it would witness selling which would lead the index towards25150-25000 levels. However, if index crosses above 25330 level it would witness pullback rally which would take the index towards 25400-25500.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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