Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Broking Ltd
Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 24032 with a gain of 312 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 24100 level it would witness buying which would lead the index towards 24150-24250 levels. Important Supports for the day is around 23980 However if index sustains below 23980 then it may witness profit booking which would take the index towards 23900-23800 levels.
Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
 Ltd ( 1 ).jpg)
