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 26333 with a gain of 187 points. Onthedailychart the index has formed a long Bullish candle forming higher High-Low formation compared to previous session indicates positivebias. Thechart pattern suggests that if Nifty crosses and sustains above 26350 level it would witness buying which would lead the index towards26400-26500 levels. Important Supports for the day is around 26270 However if index sustains below 26270 then it may witness profit bookingwhichwould take the index towards 26200-26150 levels.

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