Nifty opened on flat note and selling pressure from opening tick dragged index lower to close near day`s low

2025-06-11 09:31:07 am | Source: Jainam Share Consultants

Nifty opened on flat note and selling pressure from opening tick dragged index lower to close near day`s low - Jainam Share Consultants

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NIFTY TECHNICAL VIEW

Nifty opened on flat note and selling pressure from opening tick dragged index lower to close near day's low.. Nifty closed at 25104withagainof 1 points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart patternsuggeststhatif Nifty crosses and sustains above 25200 level it would witness buying which would lead the index towards 25250-25300 levels. ImportantSupports for the day is around 25050 However if index sustains below 25050 then it may witness profit booking which wouldtaketheindextowards 24900-24800 levels.

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Nifty opened on flat note and selling pressure from opening tick dragged index lower to close near day`s low - Jainam Share Consultants

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