Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end negative - Jainam Broking Ltd
Nifty
Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end negative . Nifty closed at 24378 with a loss of 199 points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 24500 level it would witness buying which would lead the index towards 24600-24700 levels. Important Supports for the day is around 24300 However if index sustains below 24300 then it may witness profit booking which would take the index towards 24250-24100 levels.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
More News
Market is expected to open on a negative note and likely to witness range bound move during ...
