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

2026-01-21 09:55:30 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

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Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end near lowest point of theday. Niftyclosed at 25233 with a loss of 353 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 25170 level it wouldwitnesssellingwhich would lead the index towards 25100-25000 levels. However, if index crosses above 25260 level it would witness pullbackrallywhichwould take the index towards 25350-25420

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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

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