Nifty opened with a downward gap however buying momentum at lower levels pulled index higher to end near day`s high

2025-11-17 09:01:54 am | Source: Jainam Share Consultants

Nifty opened with a downward gap however buying momentum at lower levels pulled index higher to end near day`s high - Jainam Share Consultants

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Nifty

Nifty opened with a downward gap however buying momentum at lower levels pulled index higher to end near day's high. Nifty closedat 25910with a gain of 31 points. On the daily chart index has formed a bullish candle however it has continued to form lower High-Lowcomparetoprevious session indicating negative sign. The chart pattern suggests that if Nifty crosses and sustains above 25950 level it would witnessbuyingwhich would lead the index towards 26000-26100 levels. Important Supports for the day is around 25740 However if index sustainsbelow25740 then it may witness profit booking which would take the index towards 25700-25600 levels

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Nifty opened with a downward gap however buying momentum at lower levels pulled index higher to end near day`s high - Jainam Share Consultants

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