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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 24131 with a gain of 217 points. Onthedaily chart Nifty has formed a bullish candle and remained restricted within previous session's High-Low range indicating absenceof directionon either side. The chart pattern suggests that if Nifty breaks and sustains below 23900 level it would witness selling which would lead the index towards 23800-23650 levels. However if index crosses above 24200 level it would witness pullback rally which would take the index towards 24300-24500.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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