Nifty opened with an flat note and witnessed consolidation for most part of the session - Jainam Share Consultants
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Nifty
Nifty opened with an flat note and witnessed consolidation for most part of the session. However last hour pullback action pulled index higher to close near the day's high. Nifty closed at 26004 with a gain of 64 points. On the daily chart index has formed a sizable bullish candle and has closed above past three session's high which signals strength ahe ad. The cha rt pattern suggests that if Nifty breaks and sustains below 25870 level it would witness selling which would lead the index towards 25800-25680 levels. However if index crosses above 26035 level it would witness pullback rally which would take the index towards 26100-26200.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
