Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note - Jainam Share Consultants
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
Tag News
Share market shut for trading on account of Maharashtra election
More News
Daily Market Commentary : All sectors closed in positive territory, barring consumer durable...