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 23558 with a gain of 92 points. On the daily chart index has formed a small bearish candle representing resistance at higher levels. The chart pattern suggests that if Nifty crosses and sustains above 23600 level it would witness buying which would lead the index towards 23700-23800 levels. Important Supports for the day is around 23500 However index sustains below 23500 then it may witness profit booking which would take the index towards 23400-23300 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
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