Nifty opened on a flat note but buying led the index upwards to end near the high of the day - Jainam
Nifty
Nifty opened on a flat note but buying led the index upwards to end near the high of the day . Nifty closed at 22937 with a gain of 238 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 22970 level it would witness buying which would lead the index towards 23100 - 23170 levels . Important Supports for the day is around 22800 However if index sustains below 22800 then it may witness profit booking which would take the index towards 22700 - 22650 levels .
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
