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 23429 with a gain of 83 points . On the daily chart the index has formed a Bullish candle with a upper shadow indicating selling at higher levels . The chart pattern suggests that if Nifty breaks and sustains below 23380 level it would witness selling which would lead the index towards 23300 - 23200 levels . However, if index crosses above 23470 level it would witness pullback rally which would take the index towards 23600 - 23750 .

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
More News
Daily Technical Outlook 22nd September 2026 by Axis Securities Ltd
