Nifty opened with a downward gap but witnessed buying from the opening tick to end positive

2025-11-04 09:19:26 am | Source: Jainam Share Consultants

Nifty opened with a downward gap but witnessed buying from the opening tick to end positive - Jainam Share Consultants

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

Nifty

Nifty opened with a downward gap but witnessed buying from the opening tick to end positive. Nifty closed at 25763 with a gainof 41points.On the daily chart the index has formed a small Bullish candle with shadows on either side indicating indecisiveness amongst participantsregarding the direction. The chart pattern suggests that if Nifty breaks and sustains below 25645 level it would witness selling whichwouldleadthe index towards 25600-25500 levels. However, if index crosses above 25800 level it would witness pullback rally which wouldtaketheindextowards 25850-25900

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 but witnessed buying from the opening tick to end positive - Jainam Share Consultants

Top News

Tag News

More News