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

2025-04-29 09:15:16 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 24329 with a gain of 289 points. Onthedaily chart the index has formed a long Bullish candle forming higher High-Low formation indicating positive bias. The chart patternsuggeststhat if Nifty crosses and sustains above 24360 level it would witness buying which would lead the index towards 24450-24520 levels. ImportantSupports for the day is around 24250 However if index sustains below 24250 then it may witness profit booking which wouldtaketheindextowards 24130-24000 levels.

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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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