2026-07-29 09:05:03 am | Source: jainam
Nifty opened on a flat note but selling led the index downwards to end in red - Jainam
Nifty
Nifty opened on a flat note but selling led the index downwards to end in red. Nifty closed at 23985 with a loss of 11 points. On the daily chart the index has formed a Bullish candle with an upper shadow indicating selling at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 23950 level it would witness selling which would lead the index towards 23800-23700 levels. However if index crosses above 24050 level it would witness pullback rally which would take the index towards 24100- 24150.
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