Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end negative

2026-03-24 09:46:15 am | Source: Jainam Share Consultants

Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end negative - Jainam Share Consultants

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Nifty

Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end negative. Nifty closed at 22513 witha loss of 602 points. This extreme volatile movement resulted in “Long legged” bullish candle carrying lower High-Lowcomparetoprevioussession indicating negative bias. The chart pattern suggests that if Nifty breaks and sustains below 22470 level it would witness sellingwhichwould lead the index towards 22400-22270 levels. However, if index crosses above 22700 level it would witness pullback rally whichwouldtakethe index towards 22850-22930.

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Nifty opened with a downward gap and selling pressure throughout the session dragged it lower to end negative - Jainam Share Consultants

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