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

2025-06-24 09:32:44 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

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Nifty

Nifty opened with a downward gap and traded with extreme volatility on either side to end on negative note. Nifty closed at 24972withalossof 141 points. On the daily chart the index has formed a Bullish candle carrying eitherside shadows indicating extreme volatility. Thechartpattern suggests that if Nifty crosses and sustains above 25000 level it would witness buying which would lead the index towards 25150-25200levels. Important Supports for the day is around 24900 However if index sustains below 24900 then it may witness profit booking whichwouldtake the index towards 24850-24800 levels.

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

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