Nifty opened with an downward gap but witnessed buy ing from the opening tick to end positive - Jainam Share Consultants
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Nifty
Nifty opened with an downward gap but witnessed buy ing from the opening tick to end positive. Nifty closed at 22951 with a loss of 17 points. On the daily chart the index has formed a Bullish candle with a upper shadow indicating selling at higher levels. The chart pattern suggests that if Nifty breaks and sustains below 22900 level it would witness selling which would lead the index towards 22850-22800 levels. However if index crosses above 23050 level it would witness pullback rally which would take the index towards 23100-23200.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
Tag News
Daily Market Analysis : The markets began the week on a subdued note and ended nearly unchan...
More News
Upside is expected to remain capped around 21900-21960 - Tradebulls Securities
