Nifty opened on a flat note but selling led the index downwards to end in red

2026-06-01 09:46:27 am | Source: Jainam Broking Limited

Nifty opened on a flat note but selling led the index downwards to end in red - Jainam Broking Limited

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Nifty

Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 23548 with a loss of 359 points. On the daily chart the index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negative bias. The chart pattern suggests that if Nifty crosses and sustains above 23700 level it would witness buying which would lead the index towards 23800-24000 levels. Important Supports for the day is around 23500 However if index sustains below 23500 then it may witness profit booking which would take the index towards 23400-23300 levels.

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Nifty opened on a flat note but selling led the index downwards to end in red - Jainam Broking Limited

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