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

2026-04-09 09:54:48 am | Source: Jainam Broking Limited

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

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Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 23997 with a gain of 874 points. On the daily chart index has formed a sizable bullish candle and has closed above past three week's high which signals strength ahead. The chart pattern suggests that if Nifty breaks and sustains below 23870 level it would witness selling which would lead the index towards 23700-23500 levels. However, if index crosses above 24050 level it would witness pullback rally which would take the index towards 24300-24400.

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

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