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Nifty opened with an upward gap and remained in positive terra in throughout the day - Jainam Share Consultants
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Nifty
Nifty opened with an upward gap and remained in positive terra in throughout the day. Nifty closed at 23721 with a gain of 183 points. On the daily chart the index has formed a long Bullish candle forming higher High- Low formation indi cating positive bias. The chart pattern suggests that if Nifty crosses and sustains above 23750 level it would witness buying which would lead the index towards 23800-24000 levels. Important Supports for the day is around 23560 However if index sustains below 23560 then it may witness profit booking which would take the index towards 23500-23350 levels
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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