Nifty opened on a flat note but buying led the index upwards to end near the high of the day - Jainam Share Consultants

Nifty
Nifty opened on a flat note but buying led the index upwards to end near the high of the day. Nifty closed at 24854 with a gainof 243points.The daily price movement has formed a sizable bullish candle and closed above past two session’s high indicating strength ahead. Thechartpattern suggests that if Nifty breaks and sustains below 24580 level it would witness selling which would lead the index towards 24500-24450levels. However, if index crosses above 24880 level it would witness pullback rally which would take the index towards 25000-25150
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