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 25245 with a gain of 200 points. On the
daily chart index has formed a bullish candle however it remained restricted within previous session's High-Low range indicating absence of
strength on eitherside. The chart pattern suggests that if Nifty crosses and sustains above 25270 level it would witness buying which would lead
the index towards 25320-25500 levels. Important Supports for the day is around 25125 However if index sustains below 25125 then it may
witness profit booking which would take the index towards 25000-24900 levels.
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SEBI Registration No.: INZ000198735, Research Analyst: INH000006448, PMS: INP000006785
