Nifty opened with an upward gap and remained in positive terrain throughout the day - Jainam Share Consultants
Nifty
Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 25966 with a gain of 171 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 26006 level it would witness buying which would lead the index towards 26100-26200 levels. Important Supports for the day is around 25820 However if index sustains below 25820 then it may witness profit booking which would take the index towards 25670-25600 levels.

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