Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam
Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day . Nifty closed at 24537 with a gain of 576 points . On the daily chart the index has formed a long Bullish candle forming higher High - Low formation compared to previous session indicates positive bias . The chart pattern suggests that if Nifty crosses and sustains above 24600 level it would witness buying which would lead the index towards 24700 - 24850 levels . Important Supports for the day is around 24300 However if index sustains below 24300 then it may witness profit booking which would take the index towards 24200 - 24000 levels .

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