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

2026-07-15 09:36:59 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 24052 with a loss of 159 points. On the daily chart the index has formed a Bullish candle with an upper shadow indicating selling at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 24200 level it would witness buying which would lead the index towards 24300-24350 levels. Important Supports for the day is around 24000 However if index sustains below 24000 then it may witness profit booking which would take the index towards 23925- 23800 levels.

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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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