Nifty opened on a flat note but selling led the index downwards to end near the low of the day - Jainam Share Consultants
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Nifty
Nifty opened on a flat note but selling led the index downwards to end near the low of the day. Nifty closed at 25797 with a loss of 14points. Onthe 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 breaks and sustains below 24720 level it would witness selling which would lead the index towards24600-24500 levels. However if index crosses above 24850 level it would witness pullback rally which would take the index towards 24800-25000.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Top News
SMEV appeals to parliamentary panel to direct government to release pending subsidy of Rs 1,...
Tag News
Market Quote : Consolidation continued in the market; a slowdown in earnings growth and a we...
More News
Nifty has an immediate resistance placed at 24400 and on a decisive close above expect a ris...
