Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note. - Jainam Share Consultants
Nifty
Nifty opened on a positive note and traded with extreme volatility on either side to end on a flat note. Nifty closed at 25497 withagainof14points. On the daily chart the index has formed a Bearish candle with long lower shadow indicating buying support at lower levels. Thechartpattern suggests that if Nifty crosses and sustains above 25580 level it would witness buying which would lead the index towards 25650-25700levels. Important Supports for the day is around 25400 However if index sustains below 25400 then it may witness profit booking whichwouldtake the index towards 25300-25200 levels.

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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
