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

2025-08-13 10:02:34 am | Source: Jainam Share Consultants

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

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Nifty

Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 24487 with a loss of 98 points. Onthedailychartthe index has formed a small bullish candle forming higher High-Low formation compare to previous session indicating positive bias.Thechartpattern suggests that if Nifty breaks and sustains below 24450 level it would witness selling which would lead the index towards 24400-24350levels. However, if index crosses above 24600 level it would witness pullback rally which would take the index towards 24700-24770.

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

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