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

2026-10-09 09:44:41 am | Source: jainam

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

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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 22232 with a loss of 371 points . On the daily chart the index has formed a long Bearish candle forming lower High - Low compare to previous session indicating negative bias . The chart pattern suggests that if Nifty breaks and sustains below 22180 level it would witness selling which would lead the index towards 22100 - 22000 levels . However if index crosses above 22300 level it would witness pullback rally which would take the index towards 22350 - 22470 .

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

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