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

2025-10-16 09:30:59 am | Source: Jainam Share Consultants

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

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #JainamShareConsultants

Nifty

Nifty opened with an upward gap and remained in positive terrain throughout the day. Nifty closed at 25324 with a gain of 178 points. Onthedaily chart the index has formed a long Bullish candle forming higher High-Low formation compared to previous session indicates positivebias.The chart pattern suggests that if Nifty crosses and sustains above 25370 level it would witness buying which would lead the indextowards25450-25500 levels. Important Supports for the day is around 25300 However if index sustains below 25300 then it may witness profit bookingwhich would take the index towards 25200-25100 levels

Please refer disclaimer at https://jainam.in/
SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785

To Read The Complete Report & Disclaimer - Click Here

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

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

Top News

Tag News

More News