Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note

2024-10-24 10:07:00 am | Source: Jainam Share Consultants

Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note - Jainam Share Consultants

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #JainamShareConsultants

Nifty

Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note. Nifty closed at 24436 withalossof37 points. On the daily chart the index has formed a Bullish candle with a upper shadow indicating selling at higher levels. The chart patternsuggests that if Nifty breaks and sustains below 24380 level it would witness selling which would lead the index towards 24300-24200levels.However if index crosses above 24500 level it would witness pullback rally which would take the index towards 24600-24700

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note - Jainam Share Consultants

Top News

Tag News

More News