Nifty opened with a negative note and remained lackluster within narrow trading range throughout the day - Jainam Share Consultants
NIFTY
Nifty opened with a negative note and remained lackluster within narrow trading range throughout the day. Nifty closed at 25807 with a loss of
147 points. On the daily chart the index has formed a small Bearish candle with lower shadow indicating buying support at lower levelsThe chart
pattern suggests that if Nifty crosses and sustains above 25900 level it would witness buying which would lead the index towards 26000-26100
levels. Important Supports for the day is around 25750 However if index sustains below 25750 then it may witness profit booking which would
take the index towards 25700-25650 levels
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
