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

2025-06-13 09:32:30 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 TECHNICAL VIEW

Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 24888 with a loss of 253 points. Onthedailychartthe index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negative bias. The chart patternsuggests that if Nifty crosses and sustains above 25000 level it would witness buying which would lead the index towards 25200-25300levels.Important Supports for the day is around 24800 However if index sustains below 24800 then it may witness profit booking whichwouldtakethe index towards 24600-24500 levels.

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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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