Nifty opened on a flat note but buying led the index upwards to end in the green - Jainam Share Consultants
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Nifty
Nifty opened on a flat note but buying led the index upwards to end in the green. Nifty closed at 23290 with a gain of 469 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 23300 level it would witness buying which would lead the index towards 23400-23500 levels. Important Supports for the day is around 23000 However if index sustains below 23000 then it may witness profit booking which would take the index towards 22900-22800 levels.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Tag News
Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities
More News
Banking index also witnessed fall and shed over half a percent - Religare Broking Ltd
