Nifty opened on a flat note but buying led the index upwards to end in the green - Jainam
Nifty
Nifty opened on a flat note but buying led the index upwards to end in the green. Nifty closed at 24334 with a gain of 262 points. On the daily chart the index has formed a long Bullish candle forming higher High-Low formation compared to previous session indicates positive bias. The chart pattern suggests that if Nifty crosses and sustains above 24370 level it would witness buying which would lead the index towards 24500-24550 levels. Important Supports for the day is around 24250 However if index sustains below 24250 then it may witness profit booking which would take the index towards 24100- 24000 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
