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

2025-11-27 09:37:05 am | Source: Jainam Share Consultants

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

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Nifty

Nifty opened with a downward gap but witnessed buying from the opening tick to end positive. Nifty closed at 26205 with a gainof 321points.On the daily chart index has formed a bullish candle and has closed above its past 3 session's consolidation range representing positivebiasahead. The chart pattern suggests that if Nifty breaks and sustains below 26000 level it would witness selling which would leadtheindextowards 25900-25850 levels. However, if index crosses above 26215 level it would witness pullback rally which would take the indextowards26270-26350.

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

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