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

2025-08-14 09:31:17 am | Source: Jainam Share Consultants

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

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Nifty

Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 24619 with a gain of 132 points. Onthedaily chart Nifty has formed a small bullish candle and remained restricted within previous session's High-Low range indicatingabsenceofdirection on either-side. The chart pattern suggests that if Nifty breaks and sustains below 24500 level it would witness selling whichwouldleadthe index towards 24400-24350 levels. However, if index crosses above 24700 level it would witness pullback rally which wouldtaketheindextowards 24770-24850.

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

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