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

2025-08-21 11:04:30 am | Source: Jainam Share Consultants

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

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Nifty

Nifty opened on a flat note but buying led the index upwards to end near the high of the day. Nifty closed at 25051 with a gain of 70points. Onthe daily chart index has formed a sizable bullish candle forming higher High-Low compare to previous session and has closed abovepreviousmany session's high indicating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 25100 level it wouldwitnessbuying which would lead the index towards 25200-25250 levels. Important Supports for the day is around 25000 However if indexsustainsbelow 25000 then it may witness profit booking which would take the index towards 24900-24850 levels.

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

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