Nifty opened with an upward gap and remained in positive terrain throughout the day

2026-07-07 09:34:01 am | Source: Jainam Broking Limited

Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Broking Limited

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Nifty

Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 24430 with a gain of 160 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 24460 level it would witness buying which would lead the index towards 24600-24700 levels. Important Supports for the day is around 24340 However if index sustains below 24340 then it may witness profit booking which would take the index towards 24220-24100 levels.

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Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Broking Limited

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