Nifty opened on a flat note but selling led the index downwards to end near the low of the day

2026-01-12 09:18:36 am | Source: Jainam Share Consultants

Nifty opened on a flat note but selling led the index downwards to end near the low of the day - Jainam Share Consultants

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Nifty

Nifty opened on a flat note but selling led the index downwards to end near the low of the day. Nifty closed at 25704 with a loss of 173points.On the daily chart the index has formed a long Bearish candle forming lower High-Low compare to previous session indicating negativebias. Thechart pattern suggests that if Nifty crosses and sustains above 25900 level it would witness buying which would lead the index towards26000-26100 levels. Important Supports for the day is around 25600 However if index sustains below 25600 then it may witness profit bookingwhichwould take the index towards 25500-25450 levels.

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Nifty opened on a flat note but selling led the index downwards to end near the low of the day - Jainam Share Consultants

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