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

2025-10-17 10:25:42 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 25585 with a gain of 262 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 25625 level it would witness buying which would lead the indextowards25700-25800 levels. Important Supports for the day is around 25520 However if index sustains below 25520 then it may witness profit bookingwhich would take the index towards 25430-25370 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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