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

2026-01-20 10:05:59 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 25557 with a loss of 137 points. Onthedailychartthe index has formed a Bearish candle with long lower shadow indicating buying support at lower levels. The chart pattern suggests that if Niftybreaks and sustains below 25450 level it would witness selling which would lead the index towards 25300-25200 levels. However, if indexcrosses above 25650 level it would witness pullback rally which would take the index towards 25750-25800.

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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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