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

2025-09-01 09:34:22 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 24427 with a loss of 74 points. Onthedailychartthe index has formed a small Beariish candle with upper shadow indicating selling pressure as well as resistance at higher levels. Thechartpattern suggests that if Nifty breaks and sustains below 24400 level it would witness selling which would lead the index towards 24330-24250levels. However, if index crosses above 24580 level it would witness pullback rally which would take the index towards 24650-24700

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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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