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

2025-07-21 10:02:53 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 opened on a flat note but selling led the index downwards to end in red. Nifty closed at 24968 with a loss of 143 points. On the daily chart
index has formed a bearish candle carrying both side shadows however it has continued to form lower High-Low formation indicating weakness.
The chart pattern suggests that if Nifty breaks and sustains below 24900 level it would witness selling which would lead the index towards
24850-24780 levels. However, if index crosses above 25150 level it would witness pullback rally which would take the index towards 25200-
25250.

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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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