Nifty opened on a positive note and witnessed sideways movement in initial half - 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 positive note and witnessed sideways movement in initial half. However last hour profit booking pulled index lower toclosenear day's low.. Nifty closed at 23883 with a loss of 258 points. On the daily chart the index has formed a long Bearish candle forminglowerHigh-Low compare to previous session indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below23850level itwould witness selling which would lead the index towards 23800-23700 levels. However if index crosses above 24000 level it wouldwitnesspullback rally which would take the index towards 24080-24215.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Tag News
Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities
More News
Nifty showed strength amid mixed cues and gained over half a percent - Religare Broking Ltd
