Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end near lowest point of theday

2025-08-28 09:36:42 am | Source: Jainam Share Consultants

Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end near lowest point of theday - Jainam Share Consultants

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #JainamShareConsultants

Nifty

Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end near lowest point of theday. Niftyclosed at 24712 with a loss of 256 points. On the daily chart the index has formed a long Bearish candle forming lower High-Lowcomparetoprevious session indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below 24680 level it wouldwitnesssellingwhich would lead the index towards 24600-24500 levels. However, if index crosses above 24850 level it would witness pullbackrallywhichwould take the index towards 24900-25000.

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end near lowest point of theday - Jainam Share Consultants

Top News

Tag News

More News